Word: consumerized
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It is not unusual for the typical American car owner to have a 5-year-old vehicle with 100,000 miles on it. At this point the car will not have a warranty and generally it is owned outright by the driver. Car owners are waiting much longer before trading...
So what's outperforming on the shelves? A catch-all category called "seasonal general merchandise," which contains thawing salt, body warmers and gift packages with candy, was tops, with a 32% rise. Analysts explain this jump by pointing to the unusually cold and snowy winter, plus the folks who traded...
What's more, experts say bug spray and other lagging products shouldn't expect a rebound anytime soon. The back-to-basics movement is here to stay. "There's an interesting psychological effect happening right now," says DeMott. "It's permeating every consumer segment. People think they have to hunker...
People who wanted to invest money in the market saw what they were waiting for in a few pieces of news. The first was that Citigroup CEO, Vikram Pandit, made public remarks that his company had a profit in the first two months of 2009. But, even school children who...
Gennady Onishchenko, the head of the Federal Consumer Protection Service, on whose website the report is published, said that foods such as sausages and hotdogs, made popular during the shortages experienced in Soviet times, should now be eliminated. So too should typically Western foods such as potato chips, hamburgers, pizza...