HOLIDAY PRETAIL-WRAP UP

BANZAI7 NEWS--The National Retail Federation expects total holiday sales this year to fall 1 percent.

Here is what NRF spokeswoman Kay Martin said about the forces that will shape the upcoming holiday shopping season:

“The golden ticket this year for the holiday season is going to be unemployment. With the unemployment rate at about 10 percent, we know that a lot of Americans will be pulling back on the holiday season because they have to, because they don’t have a job.
People are going to have to be creative."