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


Ethiopia unrest a sourcing risk?

Fashion retailer H&M and UK based glove and leather manufacturer Pittards both say they are monitoring the situation in Ethiopia closely after the country's government declared a state of emergency af...


Asia facing up to increased competition

Increasing competition for garment sourcing contracts is seeing China not only being challenged by other countries in Asia, but by sub-Saharan African and even Russian suppliers too. And it is pushing...


Cambodia raises garment worker wages

The monthly minimum wage for workers in Cambodia's textile, garment and footwear sector is set to rise to $153 from January next year, following a vote on the issue last week. The increase marks a ris...


Sportswear initiatives start to take shape

The results of two highly-anticipated initiatives in the sportswear sphere were revealed last week: the launch of Under Armour’s new UAS lifestyle brand and the first pair of running shoes created at ...

just-style homepage

Forgot your password?