Word: consumerized
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At the consumer end of the food chain, emerging markets are seeing the spread of new self-service stores, including supermarkets, hypermarkets and discount and club stores, as well as chain convenience stores. Through highly efficient procurement and distribution systems, modern chain stores have made significant inroads into traditional markets...
Who we are - our nation's demographic composition - is an important factor in deciding what we buy. So added to our mix of Frappuccinos and Burger King Whoppers comes an array of ethnic restaurants and markets giving consumers more variety than ever before. "Thirty or forty years ago the average...
Status also drives us to shop. It's what motivates us to buy televisions larger than our neighbors', Compeau says. And as America grows more populated, we'll only feel more pressure to spend, says Elizabeth Goldsmith, a Florida State University professor of consumer economics. "A lot of it is...
(3 of 3) One of Tata's answers is the $2,200 car, a four-door, rear-engine runabout he designed himself that's currently under development (he aims to sell a million a year in India after its release in 2008). Another is the Ace, a 700cc truck that...
Perhaps most distressing for a German brand is VW's dismal reputation for quality. VWs still handle crisply and feature the sharpest interiors in their price category, but owners complain about everything from puny cup holders to noisy brakes. Consumer Reports does not recommend any VWs, while J.D. Power ranks...