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Christmas Sales Lag In 1969 Retail Season Across U S
The Nation reports weak Christmas sales with shoppers delayed purchases due to inflation. Department stores show higher price driven dollar volume rather than increased demand. Executives like Marcus of Nie man Marcus and Sears officials cite price hikes as the main gain, while Commerce Department data suggests modest gains largely from higher prices. The season remains unsettled with the Dec 19 period watched closely.
MENTIONED IN THIS ARTICLE
Partment
Edward Marcus
Dallas
Nieman-Marcus
Miami
A. M. Prado
Sears
South Florida
Commerce Department
Ant
National Retail Merchants Association
North America
Youngstown Sheet & Tube Co
Indiana