Consumer Spending Contiues to Fall - So What Will the CPG Industry Do?
By David Feldman at 9 March, 2009, 2:51 pm
Consumers have been slashing their spending for the last several months, feeding the already painful recession as millions of households are opting to save rather than buy. Within the consumer packaged goods (CPG) industry, escalating prices and stagnant wages are also causing consumers across all income levels to be extremely price sensitive, so they are turning to private label and lower-tier brands to save money or are deciding not to purchase items at all. To help retailers and manufacturers succeed in this new environment, Information Resources, Inc. (IRI) just released its latest research report that analyzes this industry. The data provides a comprehensive review of which categories are most important to shoppers and which categories are at risk of shoppers trading down and/or trading out.
Read More >>A Sector of Optimism
By David Feldman at 7 March, 2009, 6:14 am
African Americans are more optimistic about their financial future over the next year than the general population, but the majority of those responding acknowledge they don’t have a financial game plan and many don’t know where to start. A new survey by The Smiley Group and Nationwide Insurance shows 58% of African Americans expect their household situation to be better a year from now, compared to only 30% of the general population sharing similar optimism.
Read More >>Reverse Merger Tip of the Week: Accredited Investors
By David Feldman at 3 March, 2009, 4:17 am
In completing a financing contemporaneous with a PIPE, a challenge with investment banks can be making sure they know their investors. Most financings into reverse mergers require the company to have a reasonable belief that the investors are accredited, meaning essentially that they meet a certain income or net worth test under SEC Regulation D.
Read More >>US Budget Deficit to Hit over $1 Trillion in 2009
By David Feldman at 1 March, 2009, 9:04 am
With the enormous amount of government spending transpiring, one question that is not being asked on a regular basis is how it will be affecting the national budget deficit? CNN Money recently analyzed the current state of the governmental economy along with projections for the rest of the year, with some less than inspiring results.
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