Feb23
Consumers cutting back luxury items during crisis
on February 23rd, 2009 at 1:13 pmPosted In: News & Articles
Australia: Consumers are hanging onto their recreation goods, such as golf clubs, and furniture as they put off discretionary spending during the economic slowdown, retailers say. They blame negativity from the global financial crisis for a reluctance to spend on anything but the essentials. “Consumers are being very particular,” Australian Retailers’ Association chief executive Richard […] ↓ Read the rest of this entry…
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