Tag Archive
Retailers Cut As Consumers Hold Back – US-FOREX.US
Economic indicators may point to gradual economic improvements but to consumers facing weak wages, default, unemployment and eroding asset values, there’s little comfort in a “less-bad” economy. With private consumption accounting for roughly 70% of U.S. economic activity, a recovery without the consumer doesn’t promise to be much of a recovery at all. The consumer… »
Consumers Trade Down – US-FOREX.US
Cash-strapped consumers are looking to get the most bang for their buck, forcing retailers to adapt to new spending habits, says Claire Gruppo, co-founder and managing director of investment bank and M&A firm Gruppo, Levey.”People aren’t comfortable paying for brands or an experience if they don’t feel it’s worth it,” Gruppo said, “and the trend… »
Emerging Rift Between Retailers – US-FOREX.US
Retailers are wielding the same weapons-clearances, cost-cutting and promotions-to rid stock rooms of excess inventory while keeping cash registers ringing. The results, however, have been mixed as discounters and moderately priced retailers continue to seize market share from luxury department stores.Buying behavior will come into focus on Thursday as retailers across the price spectrum report… »
Bargains As Bait – US-FOREX.US
Retailers know that this year the back-to-school season won’t be enough to get consumers back to shopping. Unemployment remains a focal concern as consumers keep spending limited to necessities – and the occasional bargain. As retailers gear up to report quarterly earnings, the market will be looking to see how stores plan on luring shoppers… »