There's been a powerful shift in consumer behavior over the past few years, and there's no single thing that's changing how people shop and spend. Instead, it's a combination of things, all conspiring to move customer dollars from the big-box stores and neighborhood retail to the web. Here's my sense of why the changes are now hardwired, and likely to increase rapidly over the next few selling seasons....
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Best Buy extends its deadline for takeover offer
December 14, 2012
From Raleigh News & Observer
Best Buy plans to give its founder a reprieve from holiday shopping.
The electronics retailer said Friday that it would give its founder, Richard Schulze, until Feb. 28 to make a takeover bid for the company. That will give Schulze and his private equity...
The True Cost of Free Shipping
December 17, 2012
From CNBC
What shoppers seem to want most this holiday season is free shipping. But at what cost? Before the end of 2012, about 90 percent of retailers say they will offer free shipping, according to Shop.org, the website of the National Retail Federation trade group. But that kind of near-universal acceptance leaves a lot of room for variety.
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