Survey: Consumer Spending Stabilizing
Rockville, Md. Consumer spending may finally be stabilizing, even though the overall outlook on the economy remains negative, according to a new consumer survey released Thursday by ChangeWave.
“The combination of a new year, a new presidential administration, and lower inflation are likely contributors to the stabilization seen in this latest [survey],” ChangeWave said. “For the first time since May 2008, there are signs of a consumer spending uptick, albeit [small].”
As many as 57% of consumers said they will still spend less over the next 90 days than they did a year ago, but that’s 300 basis points better than in the December survey, ChangeWave reported.
Another 13% plan to spend more, which is 200 basis points better as compared to last month’s survey.
Meanwhile, 12% of respondents said they think the economy will improve in the next 90 days, while 56% think the economy will worsen over the next 90 days.
Walgreens launches employer-centric health program
DEERFIELD, Ill. Walgreens announced that it is launching an employer centric pharmacy, health and wellness program designed to reduce health care and prescription costs for employers across the country.
The program, called Complete Care and Well-Being, is a new and unique approach to health care that brings together pharmacy, health and wellness services under a single program, with all prices transparent to the employer. It represents a fundamental change to the delivery of health care services for employers, their employees, dependents and retirees.
The program is offered through Take Care Health Systems, a Walgreens subsidiary that is the largest provider of worksite health and wellness centers and in-store convenient care clinics in the country. Complete Care and Well-Being combines worksite health centers, in-store clinics and pharmacies with a discount prescription drug offering that is available nationally to a company’s employees, dependents and retirees no matter where they work or live. In addition, beneficiaries under the plan receive a 15 percent savings on all Walgreens brand store products.
“Over the past two years, we built and assembled the services necessary to offer a unique solution to rising pharmacy and health care costs,” said Walgreens president Greg Wasson. “Unlike most health care reform options, Walgreens Complete Care and Well-Being program will address both controlling costs and improving access to quality care. It also delivers on the promise of reform in a way that sets us apart from other solutions and provides value for employers and payers of all types.”
Fresh & Easy to add 200 jobs in next two months
EL SEGUNDO, Calif. Fresh & Easy Neighborhood Market announced it will create 200 jobs over the next two months as the company continues to expand in Southern California, Arizona and Nevada. Fresh & Easy created nearly 3,000 jobs in 2008.
“We are thrilled to continue to create quality, local jobs with tremendous opportunity for advancement,” said Fresh & Easy CEO Tim Mason. “We know people are looking for jobs with good pay and comprehensive benefits and we are proud to be part of the solution.”