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(Studio) Commerce Department reported giving retail sales figs. for 1981 and January 1982, predicting rise throughout 1982.
REPORTER: Dan Rather
(NYC) Large retail chains noted closing stores due to economy slump; Halle's, Goldblatts', Montgomery Ward cited as exs. [Analyst Howard DAVIDOWITZ - notes defensive measures being taken by retailers.] Effect of auto sales, const. industry noted. Luxury stores reported unaffected by econ. [EMPLOYEES, SHOPPER - react to situation.] Long-range effects discussed; details given, films and charts shown.
REPORTER: Ray Brady
- Brady, Ray;
- Rather, Dan
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