Service Workers See Decrease in Tips
Bartenders, waiters, hair stylists, cab drivers, and other workers who depend on tips for much of their income are seeing decreases in their tips as customers struggle in the current economy. There is...
View ArticleTesco vs. Asda in Price War for Customers
U.K. supermarkets Tesco and Asda will cut the costs of thousands of everyday groceries in a move that threatens to start an all-out supermarket price war. Grocery bills have sky rocketed in the past...
View ArticleHigher Gas Prices Affecting Consumer’s Lifestyles
According to BIGresearch, 86 percent of people are making adjustments to their lifestyles as a result of higher fuel costs, up from 76 percent at the same time last year. Half of consumers surveyed are...
View ArticleConsumers Procrastinate Back-to-School Shopping
Retailers, take notes. American families are putting off their back-to-school shopping in an effort to make sure they’re getting the best deals. Marshal Cohen, chief industry analyst with the NPD...
View ArticleRecession Resets Consumers’ Priorities
What does the customer want? It’s a question retailers ask themselves all the time. According to a recent study done by the Pew Research Center, consumer needs aren’t the same as they once were....
View ArticleWomen Pay Full Price at Ann Taylor
It’s no secret customers like a good sale, but a recent finding from Ann Taylor shows items can still sell–even with a full-price sticker. Ann Taylor reported a second-quarter profit and rising sales...
View ArticleHoliday Season 2010
Consumers are most interested in value and price this holiday season. Spending is up and so is bargain hunting. The National Retail Federation is forecasting holiday sales will be the best in four...
View ArticleMaking the Most of the Holiday Shopping Season in a Sluggish Economy
Black Friday sales were up year over year, but what does that mean for your business? Well, that depends… The National Retail Federation reports that Black Friday sales were up 13% from 2011. This...
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