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Holiday sales? Where are they?

Weak and getting weaker

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The reality the news media
doesn't want to talk about

Does it really matter if people go shopping for the holidays?

Yes, it does, for many reasons:

1. Many retailers only profit for the year if they have great holiday sales.

No sales, no profits and a lot of stores will be closing.

2. Holiday sales are a good barometer of how people feel about their financial situation and how tapped out they are.