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Christmas Retail Sales

The anchor on the evening news opened with a cheery, “Happy Holidays!” . . . . whatever happened to Merry Christmas?

Then his expression completely changed to one of deep concern, discouragement, and even distress. Was he going to report on a natural disaster, or did someone die, or did another one of the Kardashians get divorced?

No, he went on to explain that Christmas retail sales were down! The expected 2.5 percent increase in sales turned out to be only a .5 percent increase. Retailers and politicians were wringing their hands. What was the cause of this major catastrophe? The fiscal cliff? Unrest in the Mid-east? What could have been so devastating that Continue reading Christmas Retail Sales