Holiday sales may be sluggish
http://dervishcom.blogspot.com/2011/10/holiday-sales-may-be-sluggish.html
Anyone counting on holiday shoppers to jolt the economy out of its doldrums may be in for a disappointment.
It's not exactly a stocking full of coal, but the National Retail Federation is setting expectations low with its forecast for the all-important Christmas shopping season. The industry trade group said Thursday that it expects a paltry 2.8 percent increase in holiday retail sales, to $465.6 billion — far below the 5.2 percent increase retailers experienced in 2010.
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Source: http://feeds.washingtonpost.com/click.phdo?i=ab7ad8230f3dc596e59ea8b83ec18f43
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