1. How The Economy Has Affected Holiday Spending
... as Gap experienced a drop in sales by close to 20 percent. Best Buy and other electronics and appliance stores experienced even more significant drops than that. This trend may spell bad news for smaller, less powerful retailers, and threaten to put them out of business. Larger, stronger businesses, although they may find themselves with less competition for market share, will also have ... to face laying off more and more of their employees the longer the recession continues. As 2009 begins to unfold, the retail industry could see a dramatic decrease in its workforce. ... Starting wit...
- Word Count: 431
- Approx Pages: 2
- Has Bibliography