As gasoline prices trend upward, retailers are struggling to stay competitive on price while protecting their margin. By John Lofstock, Editor. The cost of fuel has been roaring up and down like a rollercoaster, and so has the risk to retailers when purchasing fuel in large quantities. Fortunes can be made by accurately predicting which…
Citibank Survey Shows Consumer Psychology Changing
A survey conducted by Hart Research Associates found 41% of customers are worried about the amount they pay for necessities like food and gasoline, up 18 points from September 2010. A new nationwide survey issued on Aug. 31, by Citibank finds a decline in consumers’ expectations for the economy, even though their assessment of current…