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23 November, 2009 | 01:01
Dealing with America's fiscal hole
Dealing with America's fiscal hole
AFTER the frugality of the economic slump, America's retailers are hoping for a stampede of eager shoppers on “Black Friday”, a traditional day of buying frenzy after the Thanksgiving holiday on Thursday November 26th. Sales figures should give some indication of consumers’ confidence in the tentative economic recovery on one of America's busiest days for retailers, which marks the beginning of the Christmas shopping season. Will consumers forget about the recent recession or will they stay away, hoping to pick up better bargains on the internet on “cyber Monday” after window shopping over the weekend?...
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