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October 9th, 2011
09:04 AM ET

In a store? Don't turn to the right!

The next time you go shopping, whatever you do when you enter the store - don't turn to the right! Retailers have figured you out and are tricking you into spending more than you may have intended. Financial lifestyle expert Clyde Anderson explains why to CNN's T.J. Holmes.

Look for Clyde's financial segments in the 7 o'clock hour of CNN Saturday Mornings with T.J. Holmes.

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  1. sara

    Hilarious to demonize retail. It is true that they perform studies and are aware about which way a customer turns, however, not all retail stores are trying to "trick" you. Lots of retail stores use that information to place sale items or items that are featured in their ads. Also stores always want to clear out their sale and clearance merchandise because its taking up room needed by new merchandise. If they don't sell the sale merchandise they end up taking losses on it and stores don't want that. There is always mark up in retail because otherwise they can't pay their employees. There are always a few bad apples (that take advantage), however trying to scare consumers and implanting the fear that retail companies are out to get (or trick) the consumer doesn't help the economy. One of the largest source for American jobs wont be able to hire if consumer faith continues to dwindle. News stories like this does not stimulate consumer spending or economic growth, it hinders it. Sad to see a story that is trying to harm the economy, you speak to all these tricks then speak to holiday hiring.....companies wont be able to hire much holiday help if consumers aren't spending.

    October 10, 2011 at 7:29 am |
  2. sara

    I realize how uneducated my grammatical errors make me sound, however I was in a rush. Hopefully the people responsible for this piece can feel comfort that they have contributed to continued collection of unemployment due to low hiring rates in retail.

    October 10, 2011 at 11:58 pm |

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