In a good sign for retailers, five of the shoppers said they plan to spend the same amount as last year. But the other four said they plan to spend less. Retailers here and across the country are wondering how consumers will spend their money during the holiday season, so BizSense headed to Carytown on… Read more »
Consumer spending
You say compulsive shopping; I say retail therapy
Consumers are keeping a tighter grip on their checkbooks these days, but millions of others just can’t control themselves. Nearly 9% of adults may be compulsive buyers, according to a study conducted by University of Richmond marketing professors Nancy Ridgway and Monika Kukar-Kinney. UR professor Kent B. Monroe, also of the University of Illinois at… Read more »