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S&P Equity Research sees consumer spending up 3% in 2011
New York City -- Consumer spending will rise 3% this year, according to retail analysts at S&P Equity Research. While the majority of publicly traded retailers were able to capture share in 2010 from smaller competitors or those that were forced to declare bankruptcy, and also increase profit margins, the S&P retail analysts see 2011 as another good year.
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Long-time retail, marketing exec named to Motorola board
LIBERTYVILLE, Ill. -- Motorola Mobility Holdings has announced the appointment of Jeanne Jackson, president of direct-to-consumer for Nike, to the company's board of directors effective immediately.
"We are pleased to welcome Jeanne to our board and look forward to benefiting from her extensive retail industry knowledge and experience," said Sanjay Jha, chairman and CEO of Motorola Mobility. "Jeanne's background and insight will prove invaluable to Motorola Mobility as we continue to position the company for future growth and success."
