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Consumer spending reaches 11-month high
New York - The Deloitte Consumer Spending Index reached its highest point since November 2013, rising to 4.5 from 4 the prior month. The Index tracks consumer cash flow as an indicator of future consumer spending. The Index comprises four components – tax burden, initial unemployment claims, real wages and real home prices. Highlights include: Tax Burden: The tax rate has been effectively unchanged from the previous month at 11.8%. -
RadioShack marketing head leaves company
Fort Worth, Texas – The management shakeup continues at RadioShack Corp. Jennifer Warren, chief marketing officer of the troubled consumer electronics chain, has reportedly left the company. According to the Wall Street Journal, Warren, who had served as chief marketing officer since early 2013 and was responsible for a highly publicized Super Bowl ad featuring 1980s celebrities, no longer works for RadioShack. There are no other details on her departure and Warren and RadioShack declined further comment.

