Recession Shoppers Head to H&M

Thursday, Jan 29, 2009  |  Updated 5:16 PM EDT
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Recession Shoppers Head to H&M

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A shopper stands outside an H & M store Images)

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Finally good news when it comes to retail sales. Clothing retailer H&M reports profits are up 13% this year, reported WWD.com.

Not only has revenue increased for the large Swedish company, but they are opening 225 new stores this year.

At H&M, you'll find stylish clothing at lower prices than most fashion retailers. For example, men's polo shirts cost $9.99 and you can easily pick up a women's dress for $25.

During the recession, people are cutting back and spending less on clothes. Why buy a high-end shirt when you can get one cheaper at H&M and still look hip?

H&M has 2 locations in D.C. and one in Bethesda, McLean, Woodbridge, and Fairfax.

Posted Jul 29, 2009
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