Saks CEO Steve Sadove discusses the economy
Submitted by Christine on January 13, 2010 – 11:10 amNo Comment
Home » Overcoming the Economy, Video
Don’t look to Baby Boomers to lead the way in consumer spending in the months ahead. A new report from PricewaterhouseCoopers LLP and Retail Forward, owned by Kantar Retail, says that this recovery — unlike those in last few decades — will be shaped by the values of tech-loving Gen Y, and to a lesser degree, affluent members of Gen X.
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A string of surprisingly strong corporate earnings reports and economic data show that U.S. consumers have emerged from a long hibernation to start spending again on everything from new TVs and restaurant meals to spring outfits.
Only 9 percent of midstate companies plan to hire more employees from October to December, the survey said.
Retailers are likely to see more green this St. Patrick’s Day, according to a recent survey from the National Retail Federation.
Back-to-back snowstorms on the East Coast have brought a blizzard of sales of shovels, groceries and booze. For airlines and department stores, the region’s wintry weather has resulted in millions of dollars of lost revenue.
Don’t look to Baby Boomers to lead the way in consumer spending in the months ahead. A new report from PricewaterhouseCoopers LLP and Retail Forward, owned by Kantar Retail, says that this recovery — unlike those in last few decades — will be shaped by the values of tech-loving Gen Y, and to a lesser degree, affluent members of Gen X.
Here is a project sample created by Epps Consulting for 5 Wacky Women in Cockeysville, MD.
On February 5th, I will be on ABC2News to discuss Valentine’s Day gift ideas. I’m looking for unique stores in Maryland to promote their products to a large audience. Call me today!
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