PODCAST: Shop 'til you freeze
Cabela's, Benetton, and Mothercare are among national retailers that have tested the idea of tracking people with cellphone signals and video cameras as they shop stores, according to the New York Times.
Americans put on their layers, their boots, their gloves and shopped anyway. Economists are worried about what the weather's doing to the economy, yet there was a vivid sign today that Americans were out there buying after all. The government said retail sales bounced back in February, up three tenths percent. It was a decent months for cars and trucks, furniture, and clothes.
Plus, foreclosure filings in the U.S. hit a seven-year low in February, according to a monthly report from RealtyTrac. But that doesn’t mean there aren't still problems – the newest of which is so-called “zombie properties,” properties vacated by the homeowner, lingering for years without being repossessed or resold, attracting vandals and blight.