Big-ticket items are collecting the most dust on shelves as a result of tighter credit markets, with more than 60% of consumers cutting back on electronics, vacations, home improvements and home decor.
The survey also showed that the average consumer will drop allegiance to a retailer after about three negative experiences.Market conditions and high expectations have made consumers more impatient, the study said, so retailers must focus on delivering a "superior shopping experience" in order to keep them shopping.
By SAM DILLON
Secretary Arne Duncan must decide how to disburse $100 billion in emergency aid for schools and colleges.
The fine print of the deal was negotiated over two months in Beijing by Paul Fortin, a corporate lawyer based in Monaco who now runs DR Congo's state-owned copper and cobalt mining company, Gecamines.
He clinched it by finding a mine - in Kolwezi, in the southern copper belt province of Katanga - that had enough proven reserves to persuade the Chinese that it was financially safe for them to begin disbursing a first tranche of money for infrastructure projects - about $3bn - right away.
HONG KONG (XFN-ASIA) - Bank of China (3988.HK) said the retail tranche of its Hong Kong initial public offering (IPO) was 69 times oversubscribed, while the ...
"Tranche" is the French word for "slice". n. - n. - 薄片, 一部分；收入或股票的部分
Investopedia Says: Tranche is a term often used to describe a specific class of bonds within an offering wherein each tranche offers varying degrees of risk to the investor. For example, a CMO offering a partitioned MBS portfolio might have mortgages (tranches) that have one-year, two- year, five-year and 20-year maturities. It can also refer to segments that are offered domestically and internationally.
verb [T] FORMAL
to pay out money, usually from an amount that has been collected for a particular purpose:
The local authorities annually disburse between £50m and £100m on arts projects.
[Late Latin bursa. See bursa.]
- A purse.
- Ecclesiastical. A flat cloth case for carrying the corporal that is used in celebrating the Eucharist.
noun [C or U] FORMAL
loyalty and support for a ruler, country, group or belief:
Soldiers must swear allegiance to the Crown/the King.
In many American schools, the students pledge allegiance (to the flag) at the beginning of the school day.
As an Englishman who'd lived for a long time in France, he felt a certain conflict of allegiances when the two countries played soccer.
Big ticket item
Retail items of substantial size and price that are often purchased on credit by customers. Examples are appliances and automobiles.