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New consumer habits emerge after recession reshapes spending
The shift persists as Americans, including the wealthy, buy less, shop smarter, and use layaway for big buys. Consumers favor brands, store brands, and thrift channels, while trimming store visits and avoiding overbuying. Savings rebound slowly amid fragile confidence.
MENTIONED IN THIS ARTICLE
New York
Mall of America
Minnesota
Jacksonville
Fla
Bernie Decelles
Decelles
Associated Press
John Gerzema
Young & Rubicam
Jarrett Paschel
Hartman Group
Bellevue
Wash