Based on a poll conducted earlier this month, Prosper Insight & Analytics stated that consumer sentiment fell in January from a 12-month high in December. But with 52.3% of consumers feeling confident or very confident in the prospects for a strong economy, it was up considerably from the month last year, when the figure was 42.5%.
Prosper: Consumer Confidence Gains
Supervalu Appoints Dament SVP/Retail, Merchandising and Marketing
Supervalu has named Anne Dament svp/retail, merchandising and marketing.
Target Cuts Guidance After Disappointing Holiday Season
Target Corp. announced that comparable sales during the combined November/December holiday period decreased 1.3%.