• Wakefern Food Corp. announced that it has been named one of NJBIZ magazine’s “2011 Best Places to Work in New Jersey.” This award, given annually, “recognizes and honors top places of employment in New Jersey that benefit the state's economy, workforce and businesses.”
• The Hartford Courant reports that Gov. Daniel P. Molloy has made a proposal that is rankling some consumers - he is suggesting that shoppers should pay sales tax based on the actual or original price of a product or service, rather than the discounted price that is charged because of coupons or a sale.
The goal, Molloy says, is to help close the state’s $3.5 billion budget deficit.
• Bloomberg reports that consumer spending “cooled more than forecast in January as rising food and fuel prices caused Americans to cut back on post-holiday visits to malls and restaurants. Purchases rose 0.2 percent, the smallest gain since June, as winter storms may have also discouraged shoppers, according to figures from the Commerce Department today in Washington.”
• The Hartford Courant reports that Gov. Daniel P. Molloy has made a proposal that is rankling some consumers - he is suggesting that shoppers should pay sales tax based on the actual or original price of a product or service, rather than the discounted price that is charged because of coupons or a sale.
The goal, Molloy says, is to help close the state’s $3.5 billion budget deficit.
• Bloomberg reports that consumer spending “cooled more than forecast in January as rising food and fuel prices caused Americans to cut back on post-holiday visits to malls and restaurants. Purchases rose 0.2 percent, the smallest gain since June, as winter storms may have also discouraged shoppers, according to figures from the Commerce Department today in Washington.”
- KC's View:
