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Retailers, consumers and prices

10:20 November 3rd, 2009

Check Out Line: Holiday tips to take hit

Posted by: Ben Klayman
Tags: Shop Talk, , , , , ,

haircut1Check out the probable lower level of tips for service providers during the holidays.

Chalk up tips for cleaning people, school teachers, barbers, mail carriers and others as another probable victim of the weak U.S. economy, according to a new poll conducted by Consumer Reports magazine.  

The magazine polled Americans about their tipping habits during the 2008 holidays and again in October and found 26 percent of Americans who usually tip or give a gift to a service provider said they would spend less this holiday season. Just 6 percent planed to spend more.

“Families are looking for ways to balance their financial concerns with the need to thank people who have helped them during the year,” Tobie Stanger, senior editor at Consumer Reports, said in a statement. “This year, tipping is more of a challenge than ever, but CR’s survey shows that people are still trying to do it, for the most part.”

The average value of tips (i.e. some were gifts instead of cash or gift cards) varied by occupation, with a cleaning person at $50, a child’s teacher and a hairdresser at $20, and a manicurist at $10, according to Consumer Reports.

Some readers told the magazine they plan to still say thanks with a card or homemade gift.

Also in the basket:

Food the focus as Wal-Mart starts holiday giving

Kraft quarterly results could make a case to Cadbury

ADM profit soars past Wall Street estimates

Polo 2nd-qtr profit tops Street view

Walgreen October sales up a bit more than expected

Energizer quarterly profit falls

(Reuters photo)

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