TITLE

Retail Study Predicts Troubled Season

AUTHOR(S)
Davis, Avram
PUB. DATE
December 2009
SOURCE
Mergers & Acquisitions Report;12/7/2009, Vol. 22 Issue 49, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on a retail study conducted by advisory firm FTI Consulting Inc. which suggests that the retail sector in the U.S. may suffer a decline in holiday season sales in 2009. Specifically, the sales for the 2009 season is predicted to decrease by 2% compared to the 4.5% decline in 2008. It is expected that efforts to increase sales by offering discounts will not improve sales during the period. The luxury goods sector is expected to perform well ahead of other sectors.
ACCESSION #
46705326

 

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