Wal-Mart basically sells everything under one roof; consumers looking to trade in luxury entertainment items like video games for something more practical means that Wal-Mart is set to become the go-to place for trades. The reason Wal-Mart is pushing …
It doesn't matter what you think: it's what the Chinese consumer thinks that determines whether American companies like the coffee chain Starbucks (NASDAQ: SBUX ) , auto-maker Daimler (NASDAQOTH: DDAIF ) , and booze bottler Diageo (NYSE: DEO ) can keep …
"We saw a consumer mindset shift," Sprague says. "Consumers are looking for new definitions of luxury not defined by tradition and heritage. Mercedes, BMW, Jaguar, Audi, have been around for 100 years, or in some cases a little less. A lot of consumers …
In fact, the “metro-sexual shift” coincides with another trend; luxury goods buyers are getting younger. A 2012 survey by Bocconi University in Milan found that Chinese luxury consumers are up to 14 years younger on average than their European …
Gone are the long waits on buffet lines, watered-down drinks and Spartan-like accommodations. Instead, guests are now more likely to be ensconced in posh suites at four- and five-star luxury resorts, with upscale meals, services and amenities to match …
“We have been conditioned by what we hear from retailers like Walmart and Target to believe that showrooming is caused by price, that consumers are being predatory, and Amazon is out there trying to undercut everyone,” he said. “We are starting to live …
Savvy consumers all know that their lifetime debt history ends up in their credit score, and that lenders use that score to try to predict if someone is a good bet for a big loan like a mortgage. But even the most-connected consumer may not realize how …
"Same-day delivery doesn't have to be a luxury. It's a convenience that everyone should be able to enjoy, and that means across lots of stores, across lots of cities and across … Google Shopping Express lets consumers buy products online from more …
New websites. It will launch sites that will focus on specific topics to "go bolder and deeper" in coverage and signal "to consumers outside of finance that Bloomberg has the media products for them." He didn't identify the topics. Casual business …