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It's a beautiful day in New York City, where 200 CEOs in the retail business are gathering after a stormy year. This is not shopping weather — so instead we go shopping for answers.
When consumers shut their wallets tight last year, caught in the vice grip of the financial crisis, many analysts expected that the downturn was so severe that it would make permanent changes in how consumers behaved.
No doubt last year’s financial crisis dealt a body blow to many investors, but many Boomers approaching retirement have yet to turn their reaction to last year’s events into action.
Shares of teen apparel retailers are getting hit particularly hard Thursday in the wake of October same-store sales results.
As the holiday price wars rage on, it's worth taking a step back and thinking about what it really takes to win a consumer's heart. The answer isn't always prices.
As the economy soured, consumers became increasingly resourceful in order to make ends meet. Sure, many people traded down to less expensive brands, including generics, but that doesn't mean everyone was shopping on price alone.
"Two all beef patties, special sauce, lettuce, cheese, pickles, onions on a sesame seed bun."
The holiday surveys keep pouring in, and at a quick glance these polls send mixed signals.
Toys 'R Us isn't the only toy store taking advantage of the void that KB Toys' bankruptcy left at shopping centers and malls.
Ah, the steely concentration of a child poring over a toy catalog, working on the perfect holiday wish list. There's nothing quite like it, except for, perhaps, the steely concentration of Mom or Dad poring over the same toy catalog trying to figure out how to make those wishes come true on a budget. Well, now there's an App for that.
Don't believe the drop in consumer confidence. Shoppers may be more willing to spend again soon.
Christina Cheddar Berk is editor of CNBC.com's Consumer Nation and chief trend spotter.
Courtney Reagan is CNBC's Retail Reporter.
Tom is a Senior Editor and Assignment Desk Manager for CNBC TV. He also writes about the business of beer for CNBC.com.
Stephanie Landsman is one of the producers of "Fast Money."
Coordinating Producer, Squawk on the Street & Squawk Alley
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