Non­profit sta­tion names new pres­i­dent

Lag­ging sales may bring back the kind of heavy dis­counts that boosted sales last year.

Austin American-Statesman - - BUSINESS - ‘i ba­si­cally stopped mov­ing for­ward in buy­ing. i feel like we’re in fi­nan­cial limbo.’ Ron An­tonette, Shop­ping

Non­profit clas­si­cal mu­sic sta­tion KMFA-FM 89.5 has named Ann Hume Wil­son pres­i­dent and gen­eral man­ager, the sta­tion’s board of trustees said Fri­day.

Wil­son has been the sta­tion’s in­terim gen­eral man­ager since mid-Oc­to­ber. In her new role, she will over­see sta­tion man­age­ment and op­er­a­tions, au­di­ence devel­op­ment, fundrais­ing, outreach and mar­ket­ing, as well as work­ing with the board and staff to de­velop and im­ple­ment long-range plan­ning and strat­egy.

Wil­son comes to KMFA fol­low­ing three years as ex­ec­u­tive di­rec­tor of the Gram­mynom­i­nated choral en­sem­ble Con­spir­are. Prior to join­ing Con­spir­are, Wil­son was as­so­ciate di­rec­tor of the Blan­ton Mu­seum of Art. NEW YORK — If shop­pers don’t show up in stores soon, more 70 per­cent off sale signs will.

Af­ter a promis­ing start to the hol­i­day shop­ping sea­son over the four-day Thanks­giv­ing week­end, sales have slowed as wor­ries about weak U.S. job growth and other con­cerns have caused Amer­i­cans to spend less.

That puts pres­sure on J.C. Pen­ney, Macy’s and other stores, which had been of­fer­ing fewer dis­counts this sea­son than they did last year, to step up pro­mo­tions to lure shop­pers like Ron An­tonette from Long Beach, Calif.

of Long Beach, Calif.

An­tonette so far has spent about $1,000 on Le­gos, a Wii U game con­sole and Ap­ple’s iPad Mini tablet com­puter for his two young chil­dren. Even though that’s just half of what he planned to spend for the sea­son, An­tonette has stopped shop­ping over fears that Congress and the White House won’t reach a bud­get deal by Jan­uary. A stale­mate would trig­ger tax in­creases and spend­ing cuts known as the “fis­cal cliff.”

“I ba­si­cally stopped mov­ing for­ward in buy­ing,” said An­tonette, 44, who runs a small pub­lic re­la­tions busi­ness and wor­ries that he might not be able to take mort­gage de­duc­tions on his house next year. “I feel like we’re in fi­nan­cial limbo.”

An­tonette isn’t the only shop­per who feels that way. Mike Duke, CEO of Wal-Mart, the world’s largest re­tailer, said that in a poll last month of the chain’s low- to mid­dlein­come shop­pers, an over­whelm­ing ma­jor­ity was aware of the threat of higher taxes. And some said it would lead them to cut back their hol­i­day buy­ing, he said.

Over­all, hol­i­day sales are up 2.2 per­cent to $659 bil­lion from Nov. 1 through last Satur­day, ac­cord­ing to an anal­y­sis of sales data done for


Shop­pers crowd Best Buy in South­west Austin for Black Fri­day sales last month. Af­ter the four-day Thanks­giv­ing week­end, pur­chases slowed, pos­si­bly over U.S. eco­nomic un­cer­tainty.

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