On Dec 26, 10:02 am, wrote:
On Dec 26, 4:50 am, Harry Hope <riv...@ix.netcom.com> wrote:
From The New York Times, 12/26/07:http://www.nytimes.com/2007/12/26/business/26shop-web.html?_r=1&oref=...
Disappointing Sales During Holiday Season
By MICHAEL BARBARO
American consumers, uneasy about the economy and unimpressed by the
merchandise in stores, delivered the bleak holiday shopping season
retailers had expected, if not feared, according to one early but
influential projection.
Spending between Thanksgiving and Christmas rose just 3.6 percent over
last year, the weakest performance in at least four years, according
to MasterCard Advisors, a division of the credit card company.
___________________________________________________
Not a pretty picture
And with the deep discounting stores did, profits will be even uglier.
What do they expect when the Christmas shopping season
starts before Hallowe'en in this country?! They need
to lay off the heavyhandness!
.
