by Jeff Roster | October 30, 2008 | Comments Off
Well most of us feared this day was coming but the US Dept. of Commerce just confirmed it. Real gross domestic product–the output of goods and services produced by labor and property located in the united States–decreased at an annual rate of 0.3 percent in the 3rd quarter of 2008. Now it is important to [...]
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Category: Retail Observations Retail Retail IT Marketing Tags:
by Jeff Roster | October 23, 2008 | 2 Comments
This upcoming forecast cycle without a doubt will be the trickiest I’d done in my 10 year career as an analyst. That includes wrestling with the impacts of 9/11 on the US economy. Why the challenge? The current financial crisis engulfs not only the US but also Europe and threatens to spill into Asia/Pac. How [...]
Category: Retail Observations Retail Spending Tags:
by Jeff Roster | October 21, 2008 | 1 Comment
I heard an interesting news story on the radio this morning and I believe it marks the first positive news story about Christmas I’ve heard this year. Unfortunately it was not from the retailer’s perspective, but from the consumers. Basically the jest was this will be a highly promotional Christmas with deals early and often. [...]
Category: Retail Observations Tags: retail
by Jeff Roster | October 20, 2008 | Comments Off
I came across the following press release this morning from the NRF. NRF Partners with Department of Homeland Security and ICSC to Create Emergency Response Guide for Retailers “Washington, October 20, 2008 – As a part of its efforts to educate and protect retail customers, merchandise and employees, the National Retail Federation’s loss prevention team [...]
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Category: Retail Observations Tags: National Retail Federation, NRF
by Jeff Roster | October 6, 2008 | Comments Off
Openworld I found the mood at the retail sessions this year to be quite somber. To me there’s no question that this was caused by the ever growing financial crisis just breaking. Retailers were, and are, clearly worried about the impact of all this bad news on the psyche of their customers. No question market [...]
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Category: Retail Industry Events Tags: adoption, retail, ROI
