Word: plan
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What might be the driving factor that lowers holiday retail sales and stalls a much-anticipated economic recovery? Stingy spouses with children. According to a new survey from America's Research Group, a retail-consulting firm, 50.1% of parents plan on cutting back on gifts to each other this year. That figure is up from 44.4% last year, a surprising jump considering that the U.S. was in the depths of the financial crisis during the previous holiday season. "Parents want to maintain gift-spending levels for their kids, so they are showing more willingness to trim on each other," says...
According to Beemer's research, 51.5% of consumers plan to spend less this year, compared with 40.1% who said they'd cut back a year ago. Retailers have been quick to trumpet how their more manageable inventory levels and smaller staffs will help control costs. But such cuts could backfire against them. Over 41% of shoppers, as opposed to 21% in 2008, say they will leave stores that are short-handed or have long lines at the register. If cash-strapped customers already feel a little guilty about shopping to begin with, they'll look for any excuse to head...
...National Federation of Independent Business offers similar gloomy findings: its latest data indicate 86% of small businesses surveyed reported that earnings either fell or were flat in the past three months and 82% posted either flat or lower sales. Over the next three months, 21% plan to cut workers and 32% expect to reduce inventory...
Khazei, who seeks to fill the position vacated by the late Massachusetts Senator Edward M. Kennedy ‘54-56, outlined his 10-point plan for Afghanistan, which recommended returning to the original mission of destroying Al-Qaeda terrorist organizations, slowly recalling troops, establishing a timetable to transfer power to the Afghani government, and focusing on the threat posed by terrorist organizations as well as nuclear arms development in Pakistan...
...provision gave authority to the Secretary of Health and Human Services to determine whether elective abortions would be covered under the public option. In addition, Capps put forward a system in which an insurance plan could segregate private funds to pay for abortions from public subsidies, which could...