Yahoo: Americans Have Been Developing A New Shopping Habit For Years — And Now It’s Hurting Nordstrom, Macy’s, And JC Penney
by MR Magazine Staff
Nov 17, 2015
US consumers have been trained to never pay full price for anything, and it’s crushing some American retailers. Shoppers started gravitating toward discount stores during the recession, and many have failed to return to shopping in full-price stores. Once they realized they could get steeply discounted merchandise, they became addicted to seeking out good deals on food, clothes, shoes, and other items. Now retailers like Macy’s and Nordstrom are paying the price. Read more at Yahoo.
