• About Tom Dougherty

    Tom Dougherty CEO, Stealing Share

    Tom Dougherty is the President and CEO of Stealing Share, Inc., and has helped national and global brands such as Lexus, IKEA and Tide steal market share over his 25-year career.

    An often-quoted source on business and brands, he has been featured recently by the New York Times and CNN, discussing topics ranging from television to Apple to airlines.

    Tom also regularly speaks at conferences as a keynote and break-out speaker. To find out more on inviting him to your speaking engagement and view a video of him speaking, click here.

    You can also reach him via email attomd@stealingshare.com.

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The upside to the current economy

Check out this quote from today’s report that retailers are struggling: “We don’t see any signs of significant improvement with the exception of a continued full-fledged flight to value retailers,” said Craig Johnson, president of Customer Growth Partners, a retail research firm.

The report goes on to note: “Wal-Mart Stores Inc (WMT.N), the world’s largest retailer, is expected to post a 3 percent gain in same-store sales, according to Thomson Reuters data.”

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I guess no one is paying close attention to the words we use to describe those retailers who are still thriving in this economy. We call them “value retailers.”

In other words, consumers are demanding that they do not overpay for products and services. If the retail world was treated like the stock market, economists would be calling it “a correction in the market.” Is there something wrong with not wanting to be overcharged for like products? Is this the sign of a sick economy or a new one?

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