77
Fashion Jobs
BEIERSDORF
Sales Representative North Greece (Based in Thessaloniki)
Permanent · ATHENS
FOOT LOCKER
Συνεργάτης Πωλήσεων
Permanent · THESSALONIKI
L'OREAL GROUP
Senior Product Manager Maybelline – Consumer Products Division
Permanent · NEA IONIA
CLINIQUE
Consumer Marketing Manager, Clinique
Permanent · ATHENS
LA MER
Consumer Marketing Executive, LA Mer
Permanent · ATHENS
TOM FORD
Consumer Marketing Manager Tom Ford
Permanent · ATHENS
H&M
Σύμβουλος Πωλήσεων - Μερική Απασχόληση
Permanent · CHALANDRI
ESTÉE LAUDER COMPANIES
Fixed Assets & Decorations Supervisor
Permanent · ATHENS
SEPHORA
Accounting
Permanent · ATHENS
SEPHORA
Category Specialist
Permanent · ATHENS
H&M
Σύμβουλος Πωλήσεων (Mare West) - Μερική Απασχόληση
Permanent ·
H&M
Σύμβουλος Πωλήσεων - Μερική Απασχόληση
Permanent · PIRAEUS
H&M
Hiring Day Chania - Sales Advisors
Permanent · CHANIA
MAD LORDS
Sales Assistant Scorpios Mykonos
Fixed-term · MYKONOS
FOOT LOCKER
Συνεργάτης Πωλήσεων
Permanent · MAROUSI
FOOT LOCKER
Συνεργάτης Πωλήσεων
Permanent · ATHENS
H&M
Σύμβουλος Πωλήσεων (Metro Mall) - Μερική Απασχόληση
Permanent · AGIOS DIMITRIOS
H&M
Σύμβουλος Πωλήσεων - Μερική Απασχόληση
Permanent · KALAMATA
H&M
Σύμβουλος Πωλήσεων - Μερική Απασχόληση
Permanent · NEA IONIA
GUESS
Sales Advisor (Greece)
Permanent · ATHENS
BEIERSDORF
Junior Pos Materials & Execution Specialist (Temp Position)
Fixed-term · ATHENS
H&M
Σύμβουλος Πωλήσεων - Μερική Απασχόληση
Permanent · KALLITHEA
By
Reuters
Published
Mar 23, 2009
Reading time
2 minutes
Download
Download the article
Print
Text size

US shoppers likely to remain frugal

By
Reuters
Published
Mar 23, 2009

SAN FRANCISCO (Reuters) - Shoppers who have cut back on purchases in the grim U.S. economy are likely to continue their conservative shopping habits even if the economy improves, according to a new study.




That 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.

According to a report from retail consultancy Retail Forward and PricewaterhouseCoopers, current shopping behavior "will have plenty of opportunity to get entrenched."

The report, which estimates retail sales growth to be flat this year, found that three-quarters of respondents to a monthly survey of 4,000 consumers said they had shifted their shopping behaviors because of the economy.

Most said they were making do with less, or going without some favorite items.

"The habits learned during this economic crisis have the potential to permanently alter the mind-set of consumers," the report said. "The vast majority of shoppers who are changing their near-term shopping behaviors say they plan to continue them as the economy improves."

In the past year, U.S. consumers have reeled from job losses, tighter credit and a weak housing market, which have forced them to save money, often by cutting back on nice-to-have items or trading down to lower-cost chains.

To combat the consumer malaise, smart retailers will focus on downsizing, the report said, as adding stores to an already crowded retail landscape is out of vogue.

It cited smaller initiatives to build shopping buzz, such as limited editions of products or having existing stores target local markets.

The report also forecast that retailers will increasingly focus on private label brands to lure cost-conscious shoppers, while adding complementary categories of goods to their stores to make "one-stop" shops for consumers.

While warehouse clubs, like Costco Wholesale Corp, and supercenters, like Wal-Mart Stores Inc, are expected to fare the best in the weak environment in 2009, discount department stores and supermarkets will be the weakest, the report warned.

Sales of apparel, though expected to rebound in 2010, will be the hardest hit and slowest to recover, according to the report.

(Reporting by Alexandria Sage; Editing by Gary Hill)

© Thomson Reuters 2024 All rights reserved.