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Economy Watch: Retail Group Sees Less Holiday Spending PDF Print E-mail
Thursday, 08 October 2009 10:48
In contrast to the mildly positive forecast by the International Council of Shopping Centers about the upcoming retail holiday sales season (1 percent growth), as covered recently by CPE,, the National Retail Federation is predicting a mildly negative holiday sales season for the nation’s put-upon retailers—namely, a 1 percent decline during November and December, as compared with the same two months in 2008.




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