Word: consumerized
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Applying Smith's teachings to the modern world, then, is a much more complex and doubtful endeavor than it's usually made out to be. He certainly wouldn't have been opposed to every government intervention in the market. On financial reform, it's easy to imagine Smith supporting the...
Now comes the announcement that baby-products manufacturer Infantino is recalling more than 1 million "SlingRider" and "Wendy Bellissimo" slings in the U.S. and 15,000 in Canada because of concerns they're linked to three infant deaths reported in 2009. Earlier in March, the U.S. Consumer Product Safety Commission...
The sector has taken a huge hit over the past two years, as the crippling recession, the pullback in business travel, frozen credit markets, the decline in consumer spending and even President Obama's "anti-Las Vegas" comments took a hefty toll on casino companies. Gaming revenue plummeted and a...
Another critical factor underpinning the residential real estate market is formed by the psychology of the Chinese home buyer in combination with regulatory restraints on what they can do with their savings. Just 34 years out of the chaos of the Cultural Revolution, and less than 15 years down the...
The company will also return some 300 discontinued items to the shelves, giving the shopper more choice as well. With this aggressive strategy, and upgrades to the shopping experience provided by Project Impact, Weinswig believes Walmart is positioned for a big year: on March 14, she upgraded the stock from...