Father’s Day spending is one of the lowest of all ‘holidays’
June 14, 2010 – 1:24 pm | No Comment

When it comes to spending money on our dads, the average is about $95 dollars. That is one of the lowest spending dollar amounts for gifts of any of the ‘holidays’ in this country. However, we will spend on our dads, so on Good Morning Maryland @ 9 we showed off a few ideas from local stores.

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Articles in Overcoming the Economy

Hesitant Consumers May Slow Sales This Summer
June 17, 2010 – 11:36 am | No Comment

On a hot, humid day in Washington, D.C., customers are lined up at the registers of an H&M clothing store waiting to make their purchases.

Father’s Day spending is one of the lowest of all ‘holidays’
June 14, 2010 – 1:24 pm | No Comment
Father’s Day spending is one of the lowest of all ‘holidays’

When it comes to spending money on our dads, the average is about $95 dollars. That is one of the lowest spending dollar amounts for gifts of any of the ‘holidays’ in this country. However, we will spend on our dads, so on Good Morning Maryland @ 9 we showed off a few ideas from local stores.

Reach Customers in 140 Characters, All of Them Free
June 3, 2010 – 9:21 am | No Comment
Reach Customers in 140 Characters, All of Them Free

Does Twitter still leave you scratching your head? Many businesses are struggling to make sense of Twitter, but even if it strikes you as an enigma or hype, consider this: many of your customers are already there.

U.S. Retail Sales Gains Slow as Shopper Pullback Hits Teen Clothing Chains
June 3, 2010 – 9:07 am | No Comment

Sales gains at U.S. retailers probably slowed during May as concerns about the economy crimped purchases in the second half of the month.

How long will the good times last?
June 3, 2010 – 7:42 am | No Comment
How long will the good times last?

As they decide how to stock their shelves later this year, America’s shopkeepers are debating whether the recent rise in consumer spending will last.

Take a cue from FL shops… stay open later
June 1, 2010 – 3:54 pm | No Comment
Take a cue from FL shops… stay open later

Every week, Merritt Islander Sharon Burrows has a date night with her husband. When she heard the shops in Cocoa Village planned to stay open later on Fridays and Saturdays starting June 4, she saw an opportunity.

How to survive a construction zone outside your store
May 26, 2010 – 6:28 am | No Comment
How to survive a construction zone outside your store

Whether it’s road resurfacing, sidewalk repairs or a sewer upgrade, public works projects can wreak havoc on local businesses — and thanks to stimulus money, 2010 has been full of them.

Sustainability Planning for Business Owners
May 12, 2010 – 7:14 am | No Comment
Sustainability Planning for Business Owners

Wise businesses are now weaving environmental sustainability into their long-term strategies, and they’re doing it by writing comprehensive sustainability plans. The point: to identify key areas of eco-friendly opportunity and give your business a roadmap of how to maximize of those opportunities.

Retailer’s April Sales Will Show How Recovery Is Progressing
May 5, 2010 – 8:05 am | No Comment
Retailer’s April Sales Will Show How Recovery Is Progressing

Retailers are expected to post very modest sales growth when they report April figures on Thursday, as stores seek to maintain the recent momentum in consumer spending.

Free-spending teens return to malls
April 3, 2010 – 6:45 am | No Comment
Free-spending teens return to malls

Youth-oriented retailers report strong sales for the second consecutive month, nurturing hopes of a broader upswing.

Report: Gen Y Will Spend Us Into Recovery
March 15, 2010 – 12:03 pm | One Comment
Report: Gen Y Will Spend Us Into Recovery

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.

Independent artisans are crowding onto the Web
March 1, 2010 – 10:13 am | No Comment
Independent artisans are crowding onto the Web

Lure of a global marketplace has craftspeople competing for shoppers through such sites as Etsy.com, Artfire.com and 1000 Markets.

From Catwalk To Closet, Faster
February 25, 2010 – 9:17 am | No Comment
From Catwalk To Closet, Faster

This just might be the boldest fashion statement at the shows so far—letting shoppers actually buy the clothes.

As Retail Sales Climb, Consumers Stay Glum
February 16, 2010 – 9:13 am | No Comment
As Retail Sales Climb, Consumers Stay Glum

Retail sales rose in January as consumers bought more electronics and appliances, but a separate consumer-sentiment index fell in February, highlighting the mixed signals coming from the economy.

Snowstorm heaps more economic misery on stores
February 10, 2010 – 11:58 am | No Comment
Snowstorm heaps more economic misery on stores

In the long run, the record snowfall that has assailed the Washington region will go down as a mere blip in an economic landscape dominated by the recession, the experts say. But that is cold comfort to many local businesses forced to shut down and dig out over the weekend just as they hoped to turn the corner toward recovery.

Retailers try new survival strategies for 2010
January 27, 2010 – 7:30 am | No Comment
Retailers try new survival strategies for 2010

The recession pushed shoppers to pick necessities over discretionary items, discounts over luxury. But retailers hope to shift such behavioral changes further in coming months, affecting what consumers will buy, pay and experience at stores.

Big box retailers shaking in their boots
January 22, 2010 – 10:30 am | No Comment
Big box retailers shaking in their boots

Independent stores nationwide seem to have done as well or better than the chain-dominated retail industry during the 2009 holidays, according to a survey issued Thursday.

How did the recession change shopping patterns?
January 22, 2010 – 10:01 am | No Comment
How did the recession change shopping patterns?

American consumers have been profoundly altered by the recession in a way that will have a lasting effect on how they shop and buy.

Study: Buy local campaigns provide short-lived results for small businesses
January 22, 2010 – 9:51 am | No Comment
Study: Buy local campaigns provide short-lived results for small businesses

RECENT RESEARCH SHOWS that buying local campaigns provide only limited and short-lived results for small businesses. So, as budget-conscious consumers turn to mass retailers, Internet and malls for bargains, what can small business owners do? Here are three suggestions.

Saks CEO Steve Sadove discusses the economy
January 13, 2010 – 11:10 am | No Comment

Saks CEO discusses the luxury retail economy at Retail’s BIG show.