As Christmas Nears, Less-Than-Spectacular Sales Worry Retailers
The Columbian › December 21, 2005
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Summary
NEW YORK -- Retailers remained anxious Sunday, after the last full weekend of shopping before Christmas appeared robust but not spectacular, despite generous bargains for many goods.
The retail industry -- which had an uneven start to the holiday season and has seen disappointing crowds at the malls since -- was hoping for a big sales bonanza. But with lean inventories and the final critical days still yet to come, stores are not panicking.See the full content of this document
Extract
As Christmas Nears, Less-Than-Spectacular Sales Worry Retailers
Again, merchants are relying on procrastinators during the final days before Christmas and post-holiday sales -- expected to be boosted by the redemption of gift cards.
"This was a ...See the full content of this document
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