Holiday gift spending hits national records
New York AP report shows Americans spent hundreds of millions on gifts despite high prices and winter weather. Sweater and heater sales surged as oil worries boosted warm clothing and home items. Saks and Gimbels reported strong gains, while Titche's noted fewer luxury fur purchases. Detroit’s J L Hudson’s set a one day sales record with 4.3 million dollars.
MENTIONED IN THIS ARTICLE
New York
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Titche’s
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Gimble Bros
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Pittsburgh
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Kresge
Kmart Discount
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