July 30, 2010
- Bargain hunting is the theme of this holiday season. With the country still in the economic doldrums, retailers ordered less merchandize this year and are slashing prices early, reports CBS News correspondent Bianca Solorzano.
“Retailers have adjusted their ordering levels and also adjusted their prices of their goods to accommodate this new normal that consumers are watching carefully how much they spend,” said Dana Telsey, the CEO of Telsey Advisory Group, a consulting firm.
To view the full article, download the PDF here: CBS News, November 29, 2009