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Check Out Line: The Trading Down Effect

Started by calm_girl, March 06, 2008, 07:01:28 PM

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Check Out Line: The Trading Down Effect
      


Check out retailers’ best performance since November
Led by spending at Wal-Mart and other discounters by consumers looking to save, U.S. retailers turned in a 2 percent overall same-store sales gain for February. It was the best monthly performance since November, said Ken Perkins, president of Retail Metrics.
The world’s largest retailer posted a 2.6 percent gain [...]
         

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