"As holidays near, retailers showing signs of rebound"
Wow! Look at what Santa left you: A BIG, FAT, MSM LIE!!!!!!!
Time to open the presents under the tree:
"Less to choose from; Retailers reduce inventories after being stuck with glut last year" by Jenn Abelson, Globe Staff | October 20, 2009
Shoppers willing to pry open their wallets may find a surprise on the shelves this season: not as many brands, a diminished palette of colors, and fewer deep discounts....
The cutbacks should be obvious to consumers heading into the holiday season, historically the busiest shopping period when stores are often bursting at the seams with products. This year, retailers are more willing to run low, or even out of stock, rather than face being left with millions of dollars in unwanted merchandise at season’s end. Last year, that resulted in promotions of up to 70 percent that gouged profits....
Of course, gouged consumers and taxpayers are okay to the pro-corporate paper.
After more than a year of widespread store closures and layoffs across the retail industry, merchants are increasingly opting to reduce inventory as a way to adjust to sluggish consumer spending. Stores are dropping brands, offering fewer choices (such as eliminating some colors), or simply not buying as much....
I was planning on sending checks to causes in Palestine and Afghanistan, then sending a gift card notice to family members saying such and such was donated in your name, Merry Xmas.
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