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Shoppers' strike

Article Abstract:

British retailers, especially furniture retailers, need to offer discounts to attract shoppers due to a decrease in consumer spending. Take-home pay is rising in real terms, and interest rates are low, so consumers have money to spare. Consumer spending could recover when consumers realise their bank balances are healthy, but they could wait for retail prices to decrease.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1998

United Kingdom, Retail Stores, Consumption (Economics)

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Decline and mall: retailing

Article Abstract:

The enormous Mall of America, the biggest shopping mall in the US, recently opened in Bloomington, MN. The owners of the $625 million mall are predicting it will be a big tourist attraction, but declining mall attendance figures are not boding well for the venture's success.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992

Stores, Shopping centers, Minnesota, Bloomington, Minnesota

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Subjects list: Economic aspects, Retail industry, Retail trade, Retail stores

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