loanflips.com

Credit and Business News

8

May

More shoppers seeking shelter from economy in discounters (AP)

Posted by   Published in Articles

Shoppers move around the new Hennes & Mauritz (H&M) store opened at The Americana at Brand outdoor shopping community in Glendale, Calif. on Friday, May 2, 2008. Monthly sales reports issued Thursday, May 8, 2008 were better than expected, but still pointed to a consumer contending with rising gas prices, sagging home values and worries about jobs. (AP Photo/Damian Dovarganes)AP - Caught in the maelstrom of higher gas and food prices, Americans ? even more affluent ones ? are seeking shelter in wholesale clubs and discount apparel chains.

No Responsed

Subsribes to this post Comment Rss or TrackBack URL

Leave Comments Below

Please enjoy your stay and feel free to comments below

 username (*required)

 mailing (*private)

 website (*optional)

Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.