This is going to be a very heavily promotional holiday season. Retailers are pulling out all the stops and using every weapon in their arsenal,
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The stores in Washington, D.C. were just jam-packed, ... That's exactly what you want to see -- not just shoppers, but people carrying bags.Scott Krugman
However, experts say drops in consumer confidence don't always portend a fall in consumer spending. There is a danger in looking at one indicator and trying to predict consumer behavior, ... You can't ignore that kind of drop.
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It's definitely been an emerging trend. You can give someone a flight into space now if you wanted to it'll cost you 5 million bucks but the opportunity is there.
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The only people who are going to have problems, real problems, with return policies are people who are trying to defraud a retailer.
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It's not a niche holiday by any stretch. It's the first big event after the (winter) holiday season. January is a bit of a lull month for the industry. Not counting back-to-school, Valentine's Day is the second biggest season for spending.
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Passing these costs on to consumers is the last option. . . . There's too much competition out there.
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