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Another Blue Holiday Shopping Season Predicted

Anonymous Coward
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10/07/2009 03:47 AM
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Another Blue Holiday Shopping Season Predicted
Another Blue Holiday Shopping Season Predicted Tuesday, October 06, 2009 By Teresa F. Lindeman, Pittsburgh Post-Gazette After last year's sickening 3.4 percent drop in holiday retail sales, a mere 1 percent slide this season may not seem so bad. Retailers already have pared their inventory in preparation for a season dominated by list-checking, deal-hunting, practical shoppers. The shopping forecast comes from the National Retail Federation, a Washington, D.C.-based trade group that calculates spending in the months of November and December -- excluding cars, gas and restaurants -- should hit $437.6 billion. That compares to $441.97 billion in holiday 2008 and...

[link to www.post-gazette.com]