The economic slowdown is good news for discount retailers, local shops and own-label products, according to research from retail consultancy him! A survey conducted by the consultants found: • 22% of adults said they would spend more at discount supermarkets • 19% will spend more at local retailers, because they are cheaper to get to […] ↓ Read the rest of this entry…
With the economy sputtering, retailers are in survival mode. And to save themselves, they are considering two very different routes. The first is to play it conservatively, hoarding cash and trying to cut every expense. The second is to pursue a more entrepreneurial, albeit risky, path by expanding. Expansion in down times can pay big […] ↓ Read the rest of this entry…
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