
Its coming... sorry to sound negative but you all know the reality of this deal if you've been around for any length of time. Our key is to be prepared emotionally and mentally for the ramifications of this;
Holiday retail: More chill than cheer
CNNMoney.com survey finds that lackluster merchandise, wary consumers could drag down critical year-end shopping season.
'"This holiday season is going to be terrible," said Howard Davidowitz, chairman of retail consulting and investment banking firm Davidowitz & Associates. He thinks holiday sales will rise a mere 2 percent over last year.'
"The National Retail Federation, citing the negative effects of the housing slump and mortgage crisis on low-to-middle-income Americans, said sales will increase 4 percent to $474.5 billion, or at their slowest pace in 5 years."
[ Who is that really? ]
BTW - now, don't be making up excuses...
... listen to this;
"What's more, retailers will have a harder time attracting consumers to their stores, according to ShopperTrak RCT. Data from the Chicago-based market research firm show that visits to malls nationwide have declined seven out of the past eight months."
Your "boss" doesn't want to hear that!
Although some things probably won't change -
I'm sure others will worsen;
'"There's nothing out there yet that consumers have to have, other than the iPhone." Cohen said. "And retailers aren't doing anything to fix the merchandise mix. They're only cutting prices."'
Good luck folks!





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