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Current DateTime: 03:35:59 16 Nov 2009
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It's a make-it or break it time for retailers. The holiday selling season is always a critical time for retailers, but this year this may be even more true. With several retailers already falling victim to a drop in consumer spending, and filing for bankruptcy, retailers will be navigating through some tricky waters. Consumers are strapped for cash due to high energy and food prices, and unemployment is rising. The recent credit crunch has made it more challenging for retailers and consumers to borrow.

This blog will look at the winners and losers in the retail space. Who has the right strategy to capture consumer dollars? It also will look for trends in consumer spending and how that will impact the economy.
 
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May.14
1:18 PM ET
Wednesday, 14 May 2008
Keeping My Eye On Consumers

Philadelphia, Chicago, Detroit, Los Angeles, Ventura, CA, New York. For the past week, I’ve been traveling around the country and keeping an eye on consumers across America. Each region faces its own unique challenges with gas prices fluctuating from market to market and housing prices also shifting.

In particular, I’ve been watching growing retail vacancies in California and Florida. Keep an eye out because we shot lots of great video and interviews regarding Mom and Pops and some of the challenges that retailers are facing in these problem markets.

Tomorrow I’m off to Kentucky for another story, but I PROMISE that I will post those notes from the Sears [SHLD  Loading...      ()   ] meeting by tomorrow morning. A number of readers have asked just when Lampert’s comments will appear on my blog and I’ve only my own laziness/hectic schedule to blame for the delay.

In the meantime though, I’ll be anchoring the "Closing Bell" at 3 pm ET today. I’m excited to say that Macy’s [M  Loading...      ()   ] CEO Terry Lundgren will be joining us live from their headquarters to talk about the company’s better-than-expected earnings. Watch at 3!

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Current DateTime: 01:50:02 16 Nov 2009
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