Perennial purveyor of pricy products The Sharper Image announced its January sales reports today. Sales from the niche gadget and electronic supplier are down across the board.
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Sharper Image reports sales for the month ending January 31, 2008 to be down 11% with sales totals of $15.3 million compared to $17.8 million and total company sales were down 23%.
Sales over the fourth quarter ending on January 31, 2008 were down 20% with total sales of $118.1 million compared to $134.7 million. Over the fiscal year Sharper Image shows a decrease of 26% in sales. I guess Wal-Mart and Best Buy are putting some hurt on Sharper Image’s niche.