Sunday, October 17, 2010

DailyMarkets.com - Caught Out By The Shift

DailyMarkets.com - Caught Out By The Shift

Caught Out By The Shift

Posted: 17 Oct 2010 03:27 PM PDT

Although the news won’t be a surprise to Financial Armageddon readers (or, for that matter, the man on the street), the recession has altered people’s shopping habits.
However, a report in the Minneapolis Star Tibune, “Consumer Goods Firms: Basket Cases?” suggests a number of well known consumer product makers have been caught out by the shift.
“We won’t let up,” insisted Bob McDonald, the boss of Procter & Gamble (P&G), at the annual shareholder meeting of the world’s biggest … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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