Word: consumerized
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But now the world is in the grips of a perilous market crunch, the boom is over and tough times loom. The U.K.'s FTSE-100 stock index has nosedived in recent days and is down about 35% in the past year. Three famous British banks have already imploded - Northern...
The Chinese spent $92.9 billion on medical services and health goods last year, an 86% increase from the nearly $50 billion spent in 2003, according to Euromonitor. "It's an extension of consumer confidence. The Chinese will definitely pay more for health care when they have money," explains Sheldon I...
With Wall Street going off the cliff, and housing prices still declining in many areas, both spending and lending are being squeezed all across the country. Consumer lending contracted last month--that's practically un-American. Car dealers may fold by the hundreds, as customers can't get credit to...
Supermarkets are struggling to meet consumer demand for bananas as a fad diet sweeps the country. The popularity of the scheme, which prescribes a banana and a glass of warm water every morning, has been fed by online social networks, a best-selling book called Morning Banana Diet and celebrity...
Frances helped form both the first social-work concentration in industrial social work in the West and the Consumer Credit Counselors--a national network of 350 counseling services. Her studies of workplace behavior influenced employee-assistance programs and state laws on employer discrimination. Ultimately, she evaluated everything through the lens...