Internet Sales are down 40% from last years total, catalog and direct sales are down 61%, store sales are down 16% and Total Sales for Sharper Image are down 32%. Sharper Image is crumbling!Â
The freefall which began two years ago isn’t slowing and I would expect to see the Retailer to call it quits in the very near future. Despite falling sales and a number of warning signs, the retailer doesn’t seem interested in changing their formula in an effort to save Sharper Image. Innovative products are still absent from store shelves as the once powerful electronic and innovative retailer nears its demise.Â
Sharper Image’s sales figures were reported from Internet Retailer.