Word: consumerized
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By starting educational campaigns at the industry level now and holding off on public appeals until 2008 PlantRight's aim is to prepare nurseries well ahead of the anticipated consumer demand for regional plants. Project manager Terry Kempton says her program is indeed viewed as "more of a support to...
Saving for a rainy day may sound smart, but some observers say this habit could be hindering China in the long run, and disrupting global trade balances. Access to consumer debt could ease the country's dependence on exports and investments that now power China's 10% annual growth, ultimately...
The Chinese government doesn't entirely disagree. At the urging of the U.S., the country has undertaken vast reforms of its banking sector over the past five years, including opening up the system to foreign banks offering debit cards. But officials remain cautious about letting consumer debt grow too fast...
Asia has fixed many of its own problems. But by being voracious buyers of U.S. government debt, the region is allowing America to live beyond its means. At some point the U.S. consumer is going to run out of steam and Asia is going to be hurt. China is especially...
One rule seems clear for retail soundscapes: slow is good. As people's biorhythms often mirror the sounds around them, a gently meandering mix of classical music or soothing ambient noise encourages shoppers to slow down and relax. And, says Denison, an unhurried consumer is exactly what retailers want: "If...