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The Worst Retail Season in my Lifetime
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by mtippett | January 8, 2009 at 10:21 am
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Most of the people who work at NowPublic were born after 1970. This means that for almost everyone in the office this year's holiday shopping season was the worst in their lifetime.
The International Council of Shopping Centers-Goldman Sachs same-store sales tally dropped 1.7 percent for December, worse than the already reduced estimate for a 1 percent decline. That means that same-store sales for the November-December period dropped 2.2 percent, making it the weakest holiday period since at least 1969, when the index began.
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at 09:04 on January 9th, 2009
I was born in 1969, so I'm used to this kind of thing.