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• Holiday shoppers stick to spending pledge
When it comes to holiday shopping, Americans traditionally have been great at saying they were going to cut back — but not so good at actually doing it. This year appears to be an exception. Concerned about the recession, job losses and a steep ...
• Israel conditionally welcomes cease-fire plan
Shopping Gaza residents reported scattered gunfire and explosions even after it was supposed to have gone into effect, but the scale of fighting appeared to drop. In Gaza City, hundreds took to the streets during the hiatus, shopping and visiting ...
• 2009 promises to be tough on retail chains
The International Council of Shopping Centers estimates that chain stores closings could exceed 3,000 in the first half of 2009. "Most people don't have the kind of money that they had even four or five years ago," says consumer Cynthia Williams. ...
• Retailers set to darken, downsize
The 2008 holiday shopping season proved pretty dim for retailers, according to the International Council of Shopping Centers (ICSC), a New York-based trade organization. “The 2008 recession, widespread heavy discounting and adverse pre-holiday ...
• Small retailers struggle with recession, weather
But he also gained some who were left to do their holiday shopping on foot and discovered his shop, in Seattle's Fremont neighborhood, for the first time. Some of those people have since returned to his store, leaving Burton hopeful that he has gained ...