Experts: A2 retail sales have increased .since '72 (Continued from Page 3 said Mayor Lou Belcher. "In the next few years, I think we will continue to see Ann Arbor take a big hunk of the retail business." Belcher added the diversity of areas businesses helped the city's economy grow, since few businesses are tied to the faltering automobile industry. Doug Sager, co-owner of Fiegle's Men's Shop on Main St., said he feels world events affect people's buying habits. "Even though the nation was involved in Vietnam, sales were up during those five years ... we weren't in the mess we are in now (in Iran and the Mideast)," Sager said. SMALL ACCESSORY sales decreased slightly this year, while clothing sales increased in volume, he said. "Things are going well now, but they say we haven't hit bottom yet." At Wilkinson's Luggage Shop across the street, sales "held their own" when Briarwood opened up in the early 70s, according to store manager Harlow Olson. "From 1976 to 1979, our sales in- creased about 20 per cent every year, but this year we'll be lucky if we are equal to last year," Olson said. Olson said he feels the current recession was responsible for the drop in sales. A few other stores reported slight in- creases in sales. Tom Border, owner of Border's Books on S. State, said sales remained "pretty solid" during the past year, and State Discount manager Tom Cushing reported a slight upswing in sales. ' MANY MECHANTS mentioned the University as a contributing factor in Ann Arbor's economic stability. "College students who get their spen- ding money from mom and dad don't feel the economic crunch," said Cheryl Warren, manager of Burger King on Maynard St. Warren said the increased dollar amount of her store's sales was partly due to increasing prices. "Every time minimum wage goes up, we have to increase prices," she said, adding that she expected the upward trend to continue in the near future. "Ann Arbor is far more economically stable because of the University's presence," Belcher said. "Our em- ployment rate does not jump around. Last year, for example, it stayed at un- der three per cent." Richard Lee, manager of Kline's Department Store, said advertising was up this year in addition to sales. "We are taking a more promotional ap- proach this year than we normally do. It's been a little tighter economically, but the sales are there if you go out and push for them," Lee said. Lee predicted the recession would slow down by Christmas time. According to Verway, Detroit's economic downturn is due both to the urban decay in Detroit and shopping malls that have sprung up in the subur- bs which "drained the shopping business out of Detroit." Verway said r he thinks Detroit will "bottom out" economically before 1982, the year of the next goverpment retail census. The Michigan Daily-Friday, June 13, 1980-Page 9 A MASTERPIECE OF MODERN HORROR $0- STARRING JACKNMID~LSON SVE[EY DOALL "\HSININI3 WITH BASED ON THE NOVEL BY SCAIMAN CDIIRS ANNY LL5OD I[PH[N KIND SCREENPLAY BY PRODUCED AND DIRECTED BY SIANLEY KOBDICK I DIANE JOHNSON SIAN[YKDOIC K EXECUTIVE PRODUCER PR [[IASSOCIATION WIT R RESTRICTED JAN HARLAN TENE Pou o o PDO[IRCLE T' EDGCOO From Warner Bros. 0 A Warner Communications Company C MCMLXXX Warner Bros. Inc. All Rights Reserved. _ WORLD PREMIERE MAY 23 NEW YORK and LOSANGELES AND FROM JUNE 13 AT A THEATRE NEAR YOU - - - - - - - - - - -