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Consumers Short Term Focus Boosts Sales

December 9, 2005

Retail Forward’s recent audio forum, “The Retail Industry Outlook—Long Live the Consumer,” reported the retail environment is being driven by the “nearsighted consumer,” whose short-term focus will continue to boost retail sales. According to the team of economists on the forum, supercenters, warehouse clubs, building materials/home improvement, convenience stores and consumer electronics and appliances will be the strongest performing channels over the next five years. The economists also forecast the internet to continue to post double-digit gains over the same period. More info: (888) 203.1112.

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