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Economy: Christmas Closings #915900

ABC Evening News for Saturday, Dec 27, 2008
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(Studio: David Muir) MasterCard/SpendingPulse statistics on holiday shopping retail sales cited.

(New York: Jeremy Hubbard) The threat of chain store closings due to the slump in the economy examined; examples cited of businesses closings or cutting back. [Retail industry analyst Howard DAVIDOWITZ†- says companies, stores and shopping centers are on the cusp as the consumer is in survival mode.] [Retail analyst Burt FLICKINGER†- lists the kinds of stores that will survive.]

Reporter(s):
Muir, David;
Hubbard, Jeremy
Duration:
00:02:00

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