Saturday, June 16, 2007

Retailers, consumer companies search for growth

(Reuters) - After years of operating in their comfort zones, retailers and consumer product makers are branching out to find faster pockets of growth. Some are beefing up through acquisitions, while others dive deeper into developing markets, where growth outpaces that of the mature markets of North America.




Meanwhile U.S. consumers face rising costs for everything from gasoline to milk which, along with a tough housing market, is curbing their spending and putting pressure on the manufacturers and retailers vying for shoppers' attention during the upcoming back-to-school and holiday shopping seasons.


Read more at Reuters.com Business News

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