Welcome to Laura's Home on the Web
Facebook Twitter
Need to Know
December 18, 2012
A Christmas peril: holiday sales lagging
Posted by Staff
The NY Post reports:

Retailers have some catching up to do between now and Christmas — and it’s going to require a few markdowns.

Holiday sales are lagging expectations industrywide as tapped-out consumers have gone into hibernation after splurging on Black Friday deals.

Looking to stir shoppers, department stores and big-box chains have slashed prices on everything from cashmere sweaters to consumer electronics this month.

Yesterday, Gap’s Old Navy chain was advertising 50 percent off on all sweaters and hoodies. Last week, swanky stores including Bloomingdale’s, Neiman Marcus and Barneys were advertising discounts of more than half on designer clothing, shoes and handbags.

Nevertheless, experts say the discounts will have to get steeper for many chains to meet expectations this year. The final holiday stretch “is even more important than it has been over the last few years,” said Michael McNamara of MasterCard SpendingPulse.
12/18/12 4:07 AM
Del.icio.us Facebook Fark Furl
Google Newsvine Reddit Yahoo
<< Back to Need to Know
Freedom Czar Polo On Sale!
Everything $5 or $10!
Guest Archives
Sheriff David Clarke (D) - 64th sheriff of Milwaukee County
Dr. Jane Orient - Executive Director of the Association of American Physicians and Surgeons
Dr. Jay Gordon - Renowned pediatrician specializing in infant nutrition, author
Jeff Hauser - Award winning broadcaster, writer, director, producer
Avery Sanders - Dartmouth undergraduate student
Laura slams Jeb Bush on immigration amnesty
Obama doesn't have to run for re-election or appeal to a broad base anymore, so essentially, he's doing whatever he wants.
Mike Pence explains why medicaid expansion is beneficial
Will Obama, GOP find common ground?
More Videos of the Day
Laura 365
Laura 365 Conservative Book Club
Home | Charity | Store | About Laura | Action Alerts! | Video Extra | Laura 365 | Contact Us | Help | Site Directory
Copyright 2002-2015 LauraIngraham.com. All rights reserved.
Terms & Conditions | Privacy Policy | Acknowledgments
This site is Created and Managed by Nox Solutions LLC.