Word: saying
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...retail world. The retailer's profits rose 13.5% for the first quarter. While same-store sales still declined 1.6% - no reason to be jumping for joy in the aisles - many analysts figured the fall would be much worse, in the 4% range. What does Bed Bath & Beyond's improvement say about the state of the consumer psyche? If shoppers are more willing to spend their money on discretionary items like cushioned bath mats and $17 iced-tea pitchers, could we be pulling ourselves out of our long economic malaise? (See 10 things to buy during the recession...
Call it the Bed Bath & Beyond barometer. Some recent data indicate that as consumers prepare to open up their wallets, they'll be very likely to spruce up their homes. According to a survey from WSL Strategic Retail, of shoppers who say they want to splurge, 44% want to do so on their digs. NPD Group, a market-research firm, also found that when shoppers are asked where they are most likely to spend money, a majority point to their homes. "The nest is where we'll likely see the early signs of a recovery," says Marshal Cohen, a retail...
...Experts say Genitti's mind-set is quite common in this environment. "What we're beginning to see is the consumer returning to feel-good spending," says Cohen. "But they're not doing it recklessly. They're sticking their feet in the water. Consumers aren't running about and buying new cars or $1,000 handbags. They're saying, Let me get a candle. And take a bath...
...were so sorry for you all,” she said. I didn't know what to say, so I thanked her and that seemed right. Then at the Spring Street stop...
...That's one reason veterans' groups remain on their guard. While they call France's official acknowledgment of responsibility for the consequences of nuclear testing a major breakthrough, they warn that the number of victims will reach into the tens of thousands or more. Because of that, they say Morin's initial compensation fund of $14 million will probably have to be increased to nearly $100 million. Those groups also argue that the commission to hear radiation claims - which will be composed of a judge and eight doctors - should also include veteran representatives. "The past has shown us that experts...