Blog: Leonie BarrieShopping begins at home

Leonie Barrie | 26 July 2006

US petrol pump costs hit an all-time high this week as prices reached an average of just over $3 a gallon on Monday. But while this is obviously bad news for motorists, what about the impact on retail sales? Liz Claiborne today blamed climbing energy prices for dampening consumer spending – and a new survey suggests that a quarter of adults are curtailing trips to the stores because of rising fuel prices.

But every cloud has a silver lining, or so it seems. Instead of leaving home for their dose of retail therapy, many consumers are now shopping from home: online, from a catalogue or the TV. The survey, commissioned by Newgistics Inc and conducted by Harris Interactive, suggests the home at the centre of other summer activities too. 85% are cooking at home instead of going out and 55% are renting movies instead of going to the cinema.

So maybe there are still ways of capturing valuable consumer dollars this summer.

Liz Claiborne Q2 profit down


BLOG

Industry welcoming move to renegotiate NAFTA

The US textile industry has welcomed President Donald Trump's decision to renegotiate NAFTA, saying it is in America's national interest to modernise the trade agreement....

BLOG

Cutting edge technology defining apparel industry

Cutting-edge textile processing products including a new technology for dyeing yarns in a more sustainable manner and a digitalised sewing machine set up via a touchscreen or app, were among the most ...

BLOG

Ethiopia apparel and textile industry making massive gains

just-style's editor Leonie Barrie recently visited Ethiopia to see for herself the massive developments taking place to elevate this East African nation into a compelling new garment and textile sourc...

BLOG

Collaboration remains a challenge

Collaboration between retailers, brands and their suppliers is a mission critical element in developing a slicker and more cost-effective supply chain. But in an increasingly complex fashion environme...

just-style homepage



Forgot your password?