Low-Wage Jobs Replacing Middle-Income Jobs, Report Finds

First the good news: Millions of jobs that were lost during the Great Recession seem to be finally coming back. Now the bad news: Most of those newly created  jobs are low-paying ones in fast-food restaurants, retail stores and temporary administrative services -  industries that are less affected by an economic downturn, according to a new report by the National Employment Law Project, a research and advocacy organization. Today lower-wage industries employ 1.85 million more workers than at the start of the …

Shopping Malls: A Suburban Renaissance?

Since the mid-20th century – with the rapid rise of the suburbs – shopping malls have been a big part of American life. In the ’80s and ’90s, malls became veritable town centers: giving us a one-stop shopping destination, bringing in the biggest and busiest restaurant chains, and serving as an after-school playground for our teenagers. And for many years, malls were an integral part of our culture – as evidenced by the prominent role they played in cult classics such …

Rent to Own? It Could Cost You Big Time

As the holiday shopping season gets under way, you may be tempted to buy that fancy flat-screen TV, a laptop with the latest technologies or a stylish sofa to replace the one your cat uses as a scratching post. (I’m talking to you, Indy). To pay for that big-ticket item, you may be tempted by rent-to-own deals in department stores that now offer them, like Kmart and Sears, according to a Bloomberg report. , rent-to-own deals usually take advantage of …

Use ‘Slice’ to Keep Track of Online Shopping

I love discount online shopping.  In fact, some days I worry I’m addicted to it. I’m a member of the popular deep discount  “members only” clothing and home goods websites Gilt Groupe, Rue La La, Haute Look and One Kings Lane.  I say “members only” with a smile, because anyone who signs up becomes a member. Every day, and twice a day during the holiday shopping season, these sites send me emails highlighting items that are discounted 50 percent or more. …

News To Know: You’ve Got Ads

Retailers are increasingly using technology to try to reach consumers with news of sales and promotions.