Holiday Shopping Forecast Grim With Customers Too Scared to Spend
The nation's retailers face a gloomy forecast as they head into the all-important holiday sales season.
Shoppers see red -- as in crimson signs offering steep discounts on everything, for as much as 60 percent off. But even high markdowns may not be enough to lure nervous customers.
"I'm spending less this year, and I'm looking for sales … only sales," said Wanda Stevens, a mother from New York City.
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