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Economy: Retail Sales, Christmas Sales #119500

ABC Evening News for Tuesday, Nov 14, 1989
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(Studio: Peter Jennings) Drop in retail sales figs. cited. Report introduced.

(DC: Stephen Aug) Several major department stores reported up for sale; details given of Robert Campeau's financial problems following buyout attempt that has led to Bloomingdale's being up for sale. [Sakowitz, Incorporated, CEO Robert SAKOWITZ - talks about the debt burden on these stores.] Impact of department store finances on this year's Christmas sales predicted. [Retailing consultant William FLATLEY - says consumer will benefit.]

Reporter(s):
Aug, Stephen;
Jennings, Peter
Duration:
00:01:40

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