Monday, March 23, 2009

U.S. shoppers likely to remain frugal

According to a report released by Reuters, U.S. shoppers likely to remain frugal as the economic crisis wages on. The report says that, this signals continued bad news for retailers, who have been struggling to respond to a dramatic cutback in spending as consumers have opened their wallets only for essential items, while cutting back on extraneous purchases.

For more information on this report, please visit the original article here.






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