Word: cohens
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Dates: during 2000-2009
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...possible looming recession and a lack of must-have items in stores, fewer Americans are likely to leave the couch and hit the mall with the same kind of alacrity and determination they have in years past. "Black Friday is going to be a gray Friday," says Marshal Cohen, chief retail analyst at the NPD Group, a market research firm in Port Washington, New York...
...Most forecasts share Cohen's pessimistic outlook, predicting that sales growth this holiday season will be anywhere from 3.3% to 4.5%, down as much as 1.6 percentage points from last year's comparable 4.9% sales growth. But Cohen thinks the consumer apathy already seen this holiday season is due more to a lack of must-have items than fears of a slowing economy. "The number one reason this is a hesitation holiday is the absence of newness and excitement," says Cohen. "There is nothing we really have to have...
...increase in gift cards this season, reaching $35 billion, compared to the $28 billion spent on them last year. Likewise, online shopping continues to rise, with forecasts predicting between 18 and 21% growth. Both those trends mean customers are not hanging around stores and the mall as long, and Cohen says that should translate into fewer impulse buys, which have traditionally made up 26% of holiday purchases...
...hard to tap, middle and lower-income shoppers probably will not spend as much on discretionary purchases. Forty-four percent of consumers polled in WSL Strategic Retail's How America Shops survey said they expect to spend less this holiday season. "This year customers won't trade up," says Cohen. "If I am a Target shopper I will stay there. Last year I was a Wal-mart shopper going to Bloomingdales because I felt good...
...that are not always the case at a university like this,” Bertelsmann said. Wisse’s colleagues echoed these words of praise. “She is a distinguished intellectual in her field,” said Professor of Hebrew Literature and Philosophy Shaye J.D. Cohen. Noting a difference in political views, Cohen said that though he doesn’t agree with Wisse on many things, he is “delighted that she won this award.” Both professors acknowledged their gratitude for winning the award and the literal burden that comes...