What retailers are NOT tell you is just what categories are seeing SSS drops of WAY OVER minus 50%
Lavish Christmas parties will NOT happen this year. This will cause havoc with dressy dresses, designer sportwear, better costume jewelry, better shoes, hosiery (already in an incredible market decline), Mens suits, dress shirts, and ties.
Ripples of this will cause bankrupsey in vendors overly postioned in formal wear.
Housewares WILL see a very signifigant increase sales of baking items, cookie sheets, mixers, as people
MAKE their own Christmas goodies
gifts that come from the HEART and NOT the pocketbook.
Downtown stores will see the biggest drop in sales as customers avoid anything downtown except going to and from work.
Overall, I predict the worst Christmas season in over 56...yes FIFTY SIX years!!!