GOLD.FACED.BETTY

all falls down..

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this holiday season it’s obvious that regular shoppers were holding back their holiday shopping spirit because of the economic crisis. as we mentioned earlier in December, most retail stores have been advertising major sales and discounted items, in hopes of persuading North Americans to continue shopping. more recently I saw an advertisement for 60% off Old Navy.

 

since the holiday shopping season is for the most part over, or maybe did not ever begin, many companies are releasing their retail sale numbers. MasterCard Advisors have calculated that this year across North America, women’s apparel sales have decreased by 23% from last year and men’s apparel sales have decreased by 14%.

it would appear that the retail industry was not on santa’s “nice” list, as their wish to regain lost annual sales over this holiday season was not granted…

-M

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Written by goldfacedbetty

December 30, 2008 at 4:52 pm

Posted in Uncategorized

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