Consumer shopping patterns this holiday season point to a very clear trend: mobile shopping is increasing in popularity. In the past, mobile and online shopping have been viewed as a threat to traditional brick-and mortar stores, but Brent Smith, Ph.D., associate professor of marketing at Saint Joseph's University, sees an opportunity for retailers to connect with tech-savvy consumers through their mobile devices.
Many consumers sacrificed their Thanksgiving dinners this year to grab that ultimate pre-Black Friday deal that they can spend the rest of the season bragging about. But according to Saint Joseph’s University sociologist Keith Brown, Ph.D., more and more shoppers are seeking something greater than saving a buck.
Brown has been studying what he calls an ethical turn in markets that has consumers looking to make purchases that make an impact, or can even change the world.
When he left, he was your child whose meals you prepared and whose laundry you dutifully did. Now he’s home from college for an extended winter break – possibly bringing with him more laundry for you to do.
For parents readjusting to life with their college students at home for a few weeks, it can be…an adjustment.
Given recent extreme weather events – the summer’s brutal heat and subsequent drought, followed by Superstorm Sandy’s disastrous path – newly green-conscious consumers may be wondering how to lessen their carbon footprint this holiday season.
For many Americans, health care is a paramount issue when weighing their choices for the presidency, and rightly so. Currently the United States spends nearly $9,000 per capita annually for health care, which far exceeds any other nation in the world. In addition to that statistic, America has disappointing infant mortality and life expectancy rates when compared to other developed nations. It’s clear to see that Americans have much at stake.
There’s no doubt that the economy is the deciding factor for many voters. Americans are looking to presidential candidates for a fast remedy, but the reality will be far less immediate, according to Saint Joseph’s University economist Benjamin Liebman, Ph.D.
The final presidential debate between President Obama and Mitt Romney briefly addressed a topic that Patrick Saparito, Ph.D., assistant professor of management, says has been weighing on the minds of family business owners: the fiscal cliff.
Though the four debates of the presidential election ignored any talk of policies that could mitigate climate change, Hurricane Sandy’s disastrous path brought the issue front and center during the final week of the campaign.
While many companies worldwide use the International Financial Reporting Standards (IFRS) to determine what’s listed as an asset or liability, the United States is one of the few countries that still uses its own accounting standards (U.S. GAAP).
Recently, there has been pressure to get a single set of international accounting standards for every company to follow, regardless of where it’s based. But that’s easier said than done.
No segment of the economy has been immune from the economic downturn, but U.S. clothing retailers have had a particularly rough time.
Now, even as the economy makes its slow climb back, the apparel industry isn’t out of the woods. They’re facing another set of challenges: retaining customers as new competitors with game-changing ideas fight to break into the market.