1. How The Economy Has Affected Holiday Spending
... even lower than expected. A division of MasterCard showed holiday spending this year was down by as much as 4% over the same period last year, making this year the worst holiday season for them in modern times. Even retail behemoths such 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 ... 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 ...
- Word Count: 431
- Approx Pages: 2
- Has Bibliography