Jan
24
Number of the Week: Americans Dipping Into Savings, by Vince Fulco
January 24, 2011 |
http://blogs.wsj.com/economics/2011/01/22/number-of-the-week-americans-dipping-into-savings/
Pitt T. Maner III comments:
One notes that the price of beer has gone up to the point where many beverage companies are selling single, large bottles or 4-packs. Food stamp labels and codes are affixed to supermarket shelves and cashiers ask if what you have in your hand is actually cash or food stamps.
The trend seems to be to reduce sizes and amounts to hide the true costs to the consumer.
Lots of freebies too in Costco and local supermarkets to whet the appetite and induce spending.
Its an odd vibe in many ways. Perhaps companies will begin to even more closely track "spenders" like Vegas does gamblers and comp them accordingly.
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