Wednesday, June 3, 2009

Do Shoppers Want to Buy More?

A recent post at RetailWire discusses how many economists foresee an end to the recession soon, and that fewer consumers are cutting back on shopping. The article gives an example of how last year 60 percent of respondents of a study said they were cutting back on frozen food, compared to the latest report which only 34 percent are cutting back.

Wendy Liebmann, CEO of WSL Strategic Retail, recently told Time that

"People have done an awful lot of cutting back in the last 18 months. There's not much more they can do. They've figured that it's not the end of the world here, and there are places where you can open up your wallets."

Do you think that consumers are finally getting back into their old shopping habits?

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