Global Conference 2011
The Recession's Over - But Are Consumers Buying It?
Tuesday, May 3, 2011 / 2:30 pm - 3:45 pm
Has a nation of spendthrifts become a nation of tightwads? Well, not exactly, but the U.S. consumer is feeling pretty tapped out. Do higher savings rates signal a lasting shift in priorities? Now that cautious consumers seem intent on finding steep discounts, retailers have to take a new approach to managing their margins. Are high-end brands immune to these pressures? Which products, services and technologies are enticing shoppers to open their wallets? And if the U.S. consumer is no longer going to be the engine that drives the global economy, what strategies are retailers pursuing to penetrate international markets? Which brands have already seized international market share, and which ones are well-positioned for growth?