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Posts Tagged ‘consumer demand’

Product Trend: Small Indulgences Turned Must-Haves

by Christina Lee on March 15th, 2009

Examine some of the most popular purchases in today’s retailing environment, and you may discover a common thread between them all. They are what the industry is calling small indulgences, or even little luxuries that consumers are also refusing to give up. They offer high quality without a heavy price, while also a small dose of relief for today’s more stressed-out consumer. Chocolate Premium chocolate manufacturer Ghirardelli actually expects 2009 sales to exceed that of 2009, as reported by USA Today. Meanwhile, Cadbury and Nestle saw revenue increase by 7 percent or higher last month. “Chocolate does fine in a... Read more »

Gold Price Decline Reflects Low Demand from Jewelry Buyers

by Christina Lee on February 4th, 2009

The recent drop in gold prices has become the latest indicator of how consumer demand for jewelry continues to decline after the holiday season. Gold prices fell for the second day in a row today as propelled by the weak demand from the jewelry sector, trading at $901.40 per ounce, The Economic Times reports. Yesterday, investors observed a more than two percent drop in prices – the biggest daily percentage decline prices seen over the past three weeks. While gold prices traditionally decline during a recession, the nature of such a drop has changed throughout history. The recessions of 1980... Read more »