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Shopping in US Looks Like the 1970s: Analyst

Automotive industry, discounters predict permanent shift

By Caroline Zimmerman,  Newser User

Posted Jul 20, 2008 8:01 PM CDT

(Newser) – Retailers and marketers are closely watching American shopping trends, knowing that recession habits can linger for years, the AP reports. Studies show that 63% of Americans have cut down spending by coupon-cutting, biking to work, and buying store brands. They're also buying smaller cars and...   Read full story »

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