Detailed text transcripts for TV channel - MSNBC - 20110513:19:50:00
The case. if they offered a handbag as a percent off, it's viewed as a less prestigious product. that is no longer the case. the wealthy top 10% of consumers in the united states are tracing bargains, proudly. shopping on overstock.com looking for luxury goods in places they wouldn't have looked even five years ago. >> i remember walked into a store in new york once and asking when the next sale was and being completely humiliated. that's going on even at this precise moment that products are being offered much cheaper. >> yeah. vitton is not. that's a brand decision for that company. in gener...