Posts Tagged ‘market plunge’
Markets Plunge in US Retail Sales
Wednesday, January 14, 2009 19:37 No CommentsThe tightening credit conditions and rising unemployment contributed to a stunning slowdown in consumers.
Almost all large retailers have trimmed their full-year forecasts after a dire festive sales period despite record-breaking discounting. Eleven of the 13 major product categories monitored by the Government fell with most down by at least 1% last month. Only retailers of [...]



