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December 26, 2005
Holiday Shopping Lacks Cheer
While not devastating, the Christmas shopping season proved disappointing for many luxury retailers. Sales were flat and early and deep discounts took a big bite out of margins.
While some merchants are still trying to make up for it with big post-Christmas sales and new merchandise, another important strategy is to start early planning for next season.
Set out your goals now and keep a careful eye on cash flow. The market may not make any big gains in the next few months, but your margins can still be improved.
Posted by Blacks on December 26, 2005 05:02 PM
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