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michelle3843: “It’s a result of more and more technology in the hands of the consumer, which allows them to virtually window-shop,” ShopperTrak founder Bill Martin told Reuters. The data suggests that consumers remain cautious with their pocketbooks...
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“It’s a result of more and more technology in the hands of the consumer, which allows them to virtually window-shop,” ShopperTrak founder Bill Martin told Reuters. The data suggests that consumers remain cautious with their pocketbooks and purchases. The job market and wages are stagnant, interest rates and prices edging higher, record numbers of Americans on food stamps and the crunch of higher taxes - all factors that Zimmerman Prentice Capital Zimmerman believes mean on-line shopping growth will accelerate as consumers turn to their mobile devices seeking ways to maintain lifestyle choices at lower cost. Michael Zimmerman's Pr entice Capital, a hedge fund that invests heavily in consumer retail shares with strong on-line sales strategies, identifies a sales “sweet spot” with mobile and tablet users preferring to spend between $25-$100. Retail sales increased 0.3% MoM in February. Zimmerman tends to focus on undervalued companies that can gain in value by making changes in the manage
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