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Wealthiest consumers’ holiday spending put at $2,175 per household
Atlanta -- Among the affluent households, the average expenditure for December holiday gifts in 2013 is estimated to be $2,175 down 2.8% from 2012, according to a new survey of the wealthiest 10% of U.S. households by the American Affluence Research Center. However, affluent households spent in 2012 almost 7% more than they had anticipated in the 2012 survey, supporting the premise that people often tend to spend more for gifts than they had planned.
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Walmart exec Graen joins Crossmark
Mike Graen has left his position as director of innovations and supplier collaboration at Walmart to assume a new role with leading merchandising and marketing services company Crossmark.
Grain will serve as managing director of the Crossmark Center for Collaboration currently under construction adjacent to Walmart’s headquarters on Southwest 8th Street in Bentonville, Ar.
