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Wealthy start shopping again

from Orlando Sentinel

Now that her law practice is picking up again, Kristin Nailos is feeling better about hitting the mall. Nailos was recently at The Mall at Millenia in Orlando, Fla., stopping into Tiffany & Co. to get a stone in a ring re-set. From there, she headed to The Walking Company for a pair of Ugg boots and a suitcase at Bloomingdale's. "Things are definitely better," said Nailos, 41, of Clermont, Fla., whose husband also is an attorney. Stock market gains and pent-up demand have prompted renewed enthusiasm for spending among wealthier Americans — even as the rest of us continue to struggle with the housing slump, high unemployment and soaring gasoline prices. more

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