Many think consumers will continue their newly frugal habits even after the recession. Marketers are adjusting to a landscape in which shoppers pay closer attention to prices and no longer purchase what they can't afford.
Chains are stretching their food options and offering new products to compete in the recession. Pizza Hut, for one, is pushing pasta, while Cheesecake Factory, known for its large portions, is offering smaller plates with lower prices. "This is a defining moment for the industry," a National Restaurant Association official said. "The financial crisis has brought with it a redefining of boundaries."
The Produce for Better Health Foundation lauded Safeway, SUPERVALU, Food Lion and Schnuck Markets for their efforts to encourage shoppers to eat more fruits and vegetables. The nonprofit sponsored the Fruits and Veggies-More Matters® initiative.
Shopping malls in the Milwaukee area are feeling the effects of a national uptick in retail theft. The National Retail Federation's Joseph LaRocca said the uptick doesn't come as a surprise to him and that retailers are reporting more organized crime.