According to an article in USA Today, the value of stock shares in dollar stores is seeing phenomenal growth:
Family Dollar (FDO) shares are up 42% . . . Dollar Tree (DLTR) and 99 Cents Only Stores . . . are doing even better, having soared 46% and 54%, respectively.
Compare that to, say, Macy's which is down 62% and Walgreens which is down 38%.
Image: The Consumerist
According to yesterday's New York Times, the Lipstick Index posits that sales of cosmetics increase as the economy tanks.
So, how are we doing?
For the last few months, sales of lipstick are up 40%.
The Los Angeles Times reports that Proctor & Gamble saw a 20% increase in the sales of Nice-n-Easy home hair coloring products for its first fiscal quarter.
Meanwhile, Regis Corp., the owner of Cost Cutters, Supercuts and Sassoon Salon, is reporting a 30% drop in quarterly earnings compared with last year.
Image: cwalker71 at Flickr
Sales of Barack Obama Halloween masks are outselling sales of John McCain masks at Amazon.com.
Barack Obama masks: 57% John McCain masks: 43%
Source: The Obama Pound
Barack Obama will spend $961,000 for 30 minutes on prime time.
Doritos will spend $3 million for 30 seconds during Super Bowl LXIII.
Source: Make the Logo Bigger
The National Retail Federation (NRF) predicts that the financial crisis and bad economy will result in a highly profitable Halloween season -- $5.77 billion in spending, to be exact.
The NRF writes in its poll analysis,"Consumers--who have been anxious and uncertain for the past several months--may be looking at Halloween as an opportunity to forget the stresses of daily life and just have a little fun."
Read more at Media Post's Marketing Daily.
Image: peasap
That's according to a new Harris Interactive poll.
Image: Svenwerk
1. Life
2. Total
3. Cheerios
4. Kashi
5. Fiber One
6. Special K
7. Lucky Charms
8. Kix
9. Smart Start
10. Wheaties
CLICK HERE to read the AOL article.
Image: Walsh
In 1968, the Herman Miller Company introduced "Action Office," the world's first modular office system or, as it's come to be known, the cubicle.
Below: This is the first commercial cubicle installation, 1969
Believe it or not, Robert Propst, inventor of the cubicle, intended it to bring a sense of respect to the individual worker, creating privacy and offering protection from the indignities -- not to mention the constant glare of the boss -- that the bullpen office configuration imposed on the worker.
As a result, cubicles were a hard sell when first introduced. Today, they account for 60% to 70% of the office furniture market.
Sources: AZ Central, Time and Ambience Dore
According to a study conducted by Forbes.com and Gartner, 67% of C-level executives consider the Internet to be their most important source of business information.
You have to take into account, however, that the study was conducted online. The number might have been lower if the study had been done through a newspaper.
Source: Media Post's Center for Media Research
The other 33% are finding alternative ways to save.
