I predict that gross sales will be up a few percent from last year, but profits will be lower due to deep discounts and lower margins on those flat screen tvs.
I predict that there will be retailers that eek by through Christmas but still end up closing more stores or even folding/going under in Jan-Apr.
I predict that a lot of people who are in the U3 or U6 catagories – or who have family members in the U3 or U6 catagories will seriously trim their shopping budgets.
