Published on Tuesday, August 31, 2010
SOURCE: SHEPHERD & GOLDSTEIN LLP (SGLLP.COM)
Shoppers have changed their habits. Budget and cost conscious, they no longer meander through stores; instead they shop fast and stick to a list. But time poor and cash poor customers are more inclined to buy in one store, the store they are in and that they trust. It’s feeding growth in retail via “category creep” at the smaller end of town, from restaurant gift cards in drug stores to fast food counters in retail shops.
Published in Cape & Plymouth Business August 2010
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