Word: consumerized
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But experts say governments also need to step up enforcement of laws in order to effectively tackle the problem. The U.S. and Britain have special police units to deal with falsified medication, but most other countries lag behind, Franquet says. Kubic says that political efforts to fight the problem have...
Clearly, a recession can shred the spending power of millions for many years. Doesn't that have negative repercussions for a U.S. economy underpinned by consumer spending? In the short run, laid-off workers or graduates will consume much less, but so will most other people. That will stall the...
A surprising set of items are helping spur the growth of Dollar Tree, the super-duper discount chain where every item actually sells for a buck or less. We're talking about party supplies: everything from plates to wrapping paper to favors. During an economic crisis, aren't people supposed...
Rystrom also points out that Dollar Tree caters to a slightly more upscale consumer than its competitors do - the company says the average family income for an average Dollar Tree consumer is above $40,000. Nor are these consumers likely to abandon Dollar Tree when times improve - they may simply...
Like many other Western countries, France requires health warnings on tobacco and alcohol and similar labels on processed food containing genetically modified ingredients. France's regulators are also notoriously tough on marketing campaigns that make false product claims. Now some French legislators want to take consumer protection to an unprecedented...