01/30/2012
U.S. Consumers Still Hesitant to Buy Nonessentials
American shoppers remain cautious about spending on nonessentials, Newell Rubbermaid's CEO Michael Polk told The Atlanta Journal-Constitution. Though consumers are gaining confidence, Polk said he hasn't seen behaviors change dramatically. The maker of Goody hair products and Sharpie markers is forecasting a sales increase of 2 percent to 3 percent this year, up from a 1.8 percent sales gain in 2011, the story said.