Holiday sales? Where are they?
Weak and getting weaker
The reality the news media
doesn’t want to talk about
Does it really matter if people go shopping for the holidays?
Yes, it does, for many reasons:
1. Many retailers only profit for the year if they have great holiday sales.
No sales, no profits and a lot of stores will be closing.
2. Holiday sales are a good barometer of how people feel about their financial situation and how tapped out they are.