BrainTrust Query: It Takes More Than Exclusive Lines
In a Reuters piece that appeared on March 2, J.C. Penney CEO Myron Ullman said, "Department stores must keep ramping up exclusive lines of clothing and accessories if they are to win market share from rivals and thrive in the still sluggish U.S. consumer spending environment." To what degree do you think exclusive labels are helping department stores differentiate themselves?
Companies Looking to Cut Healthcare Costs
No surprise; employers are looking to cut healthcare costs. That's the finding of CVS Caremark's annual survey of employers' priorities for pharmacy benefit management services in 2010. Is it within the power of businesses to cut their healthcare costs without cutting benefits to employees?
Change Coming for Latino Grocery Stores
The Latino population in the U.S. has grown rapidly in recent years and with it has come a corresponding rise in the number of grocery stores catering to this diverse consumer base. Will Latino grocery stores survive as their target shopper base becomes more assimilated into American society and culture?