Retail sales fell 2.2 percent for the November/December holiday shopping season, the biggest decline in almost 30 tears, according to the International Council of Shopping Centers.  The 1.7% drop in December sales came on the heels of a 2.7 percent decline during the previous month, as consumers fretted about tightened budgets and job insecurity.  Luxury department stores like Neiman Marcus, Bergdorf Goodman and Nordstrom, plus many non-anchor, mall-based retailers experienced double digit sales declines.  The New York Times Jan. 8, 2009

Sorry, the comment form is closed at this time.

   
© 2012 Pitch and Ship Suffusion theme by Sayontan Sinha