Posts Tagged ‘economy’

Higher Gas Prices Affecting Consumer’s Lifestyles

Friday, July 18th, 2008

According to BIGresearch, 86 percent of people are making adjustments to their lifestyles as a result of higher fuel costs, up from 76 percent at the same time last year.

Half of consumers surveyed are taking fewer trips to the store and shopping closer to home. More consumers are also leveraging the Internet. About ninety percent of shoppers said they research products online before buying in a store. They also use the internet to find store locations, hours and merchandise availability to prevent a wasted trip in the car.

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Tesco vs. Asda in Price War for Customers

Friday, June 27th, 2008

U.K. supermarkets Tesco and Asda will cut the costs of thousands of everyday groceries in a move that threatens to start an all-out supermarket price war.

Grocery bills have sky rocketed in the past year and MySupermarket.co.uk claims that a typical family faces a £1,000 rise in the amount it spends in supermarkets over the coming year. 

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Service Workers See Decrease in Tips

Wednesday, June 25th, 2008

Bartenders, waiters, hair stylists, cab drivers, and other workers who depend on tips for much of their income are seeing decreases in their tips as customers struggle in the current economy. There is some help at the state level. For instance, the Delaware Senate approved a bill this month that would raise the minimum wage for service workers and others who depend on tips.

What can service workers do to improve tips?

When times are tough, service workers need to pay special attention to customer service. Happy and satisfied customer can lead to higher tips.

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