You’d be forgiven for asking who cares about Moody’s downgrading yesterday of 15 of the world’s biggest banks, including …
New Normal
Holiday Shoppers Hitting Pawn Stores in Big Numbers
It has been a huge year for retail sales so far in the holiday shopping season, with $52 billion spent over Black Friday weekend and another $6 billion spent online during the “Cyber Week” that followed. Here’s one more hot …
How Shopping Is Good for the Economy—And Your Soul
Forget about diligent saving, careful spending, and avoiding debt. Forget about tax cuts and private investment. For the economy to blossom, it is essential—and morally, the right thing to do—for consumers and the government …
Cheapskate Wisdom … That Puts the ‘New Normal’ into Perspective
“For my father, and the generation or two that grew up with him, there’s nothing new about the ‘new’ normal. In fact, it’s old hat.”
So Much for the ‘New Normal’: Is the Era of Mindful, Frugal Consumers Already Over?
An uptick in shopping sprees seems to indicate that the era of modest consumerism, with increased saving and decreased spending, may have already ended. If so, this shift in consumer behavior only lasted for a couple years, so I suppose it doesn’t really qualify as an “era.”
How We Shop Now: More or Less of the Same?
Back when I was a teenager … whoah, I guess I’m old enough to start a thought that way and not just be mocking someone with gray hair nearby. Well, back when I was a teenager, I’m pretty sure there were no “teen retailers.” Not only are there such stores today, but some, like Aeropostale, are apparently managing to earn profits amid …
