CONSUMERS ARE focused on saving, not shopping. This trend will be compounded by the fact that unemployment will remain unusually high in 2010.
One place where cash can simply disappear is while shopping. That’s according to a new survey commissioned by Visa Inc. U.S. consumers cannot account for an average of $21 per week in cash spending.
Income and age, often seen as predictors of how people utilize the Internet for shopping, may not be the best indicators of online shopping behavior.