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NEW YORK — Days of cutting back-to-school spending are over, as nearly 9-in-10 consumers plan to spend the same or more, according to Deloitte's annual back-to-school survey.

NEW YORK — Smartphones will continue to influence retail sales and will grow to represent 19% of total store sales by 2016, according to new Deloitte research.

NEW YORK — Consumers this spring are planning to spend the same or more at retail than last year, according to the latest Deloitte survey.

In its 2012 Spring Consumer Pulse survey, Deloitte found that more than two-thirds of consumers surveyed (67%) said they plan to spend the same or more, a 9% increase from 2011, with many of them feeling slightly better about the economy than this time last year (57% versus 52% last year).

VALLEY FORGE, Pa. — AmerisourceBergen on Monday announced that Michael DiCandilo, the company's EVP and CFO, has left the company to pursue other interests, effective immediately.

NEW YORK — The Deloitte Consumer Spending Index slightly dropped in December despite small improvements in 3-out-of-4 components.

The index — which is comprised of tax burden, initial unemployment claims, real wages and real home prices — fell to 1.86 from a reading of 1.93 the previous month. Because of this drop, the ability for consumers to continue to spend at the rates seen in 2011 may be in question, Deloitte said.

NEW YORK — Most consumers have their wallets ready for Thanksgiving weekend and are armed with plans to spend an average of $224, according to Deloitte's pre-Thanksgiving shopping survey.

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Truth is, the American Association of Homeopathic Pharmacists believed that Drug Store News could make some pretty complex ideas understandable for a group of 20-somethings whose job it is to tell 435 members of Congress what to think and how to vote.


NEW YORK — Retailers should expect small gains in 2011 holiday sales, according to a Deloitte forecast issued Monday.

The company’s retail & distribution practice expects total holiday sales to reach between $873 and $877 billion, representing a 2.5 to 3% increase over last season.

NEW YORK — Rising unemployment claims, coupled with rising food and energy prices, prompted a decline in consumer spending outlook for May, according to Deloitte.

The Deloitte Consumer Spending Index, which is comprised of four components — tax burden, initial unemployment claims, real wages and real home prices — fell to 2.66%, from an upwardly revised gain of 3.29% a month ago.

NEW YORK — A survey released Tuesday by Deloitte found that consumer purchasing power was negatively impacted during the month of March.

The Deloitte Consumer Spending Index tumbled to 3.62% from nearly 4.1% in the prior month. Deloitte’s chief economist and author of the monthly index, Carl Steidtmann, said that despite the economic recovery, consumers don't have the motivation to spend.

NEW YORK — Nearly three-quarters of Americans surveyed by Deloitte said higher prices could slow their spending in the upcoming months.

The newest survey of 1,050 consumers found that 74% of consumers believed higher prices could curb their spending, with 7-out-of-10 (71%) concerned about rising energy prices and nearly half (47%) attributing reduced spending to higher medical costs.

NEW YORK — Soft housing prices drove down the Deloitte consumer spending index for the month of October, Deloitte said Wednesday.

The index, which is comprised of four components — tax burden, initial unemployment claims, real wages and real home prices — fell to 4.63%, from an upwardly revised gain of 4.84% a month ago.

But Deloitte said that the drop is no reason to give up hope on the holiday season.