RSS Feed      Printer Friendly      Email It     PDF Version    Bookmark del.icio.us    Diggs

    /24-7PressRelease/ - January 30, 2008 - According to the National Retail Federation, the world's largest retail trade association, consumer confidence in September fell to its lowest level since November 2005.
The eighth warmest September in yðOÒU@ 0 hurt demand for cold weather apparel and goods while gasoline prices 22% higher than a year earlier also tightened shoppers' budgets, according to consulting firm Weather Trends International.
Retailers may be forced to increase their discounts and promotions to drive traffic heading into the holiday season, when many make their biggest sales and profit for the year, analysts said.
Unicorn Ventures are said to believe that the moderate consumer has also been impacted by a challenging economic environment.
A source claimed that analysts at Unicorn Ventures are anticipating that US retailers may slash their third-quarter profit forecast as they increase discounts in October, thereby hurting profit margins.


---
Press release service and press release distribution provided by http://www.24-7pressrelease.com

# # #

• unicorn, ventures

Read more Press Releases from Frank Roberts:

• Lisbon, Portugal â " Unicorn Venturesâ growing interest in Indiaâ s Oil sector
• Unicorn Ventures Comments on Chinaâ s Signals Reserves to Switch Away From Dollar
• Unicorn Ventures Reports IPO Volume Up But Value Sinking
• Lisbon, Portugal - Unicorn Ventures reports that the economy may dent retailers' September sales
• Unicorn Ventures Comment on Reports of Baltic States Joining List of Fastest-Growing Global Economies
• Unicorn Ventures Comment on Euro Gains as Reserve Choice
• Unicorn Ventures Comments as Asian Markets Fall Sharply On Subprime Fears
• Unicorn Ventures Report as Investors Brace For More Bad Bank News

Other Press Release Headlines:

• Bigmouthmedia and Netsociety Sign Strategic Partnership
• Quirky NY Chick: Top 20 Best Music Review Blogs on the Web by ClickitTicket
• The Greater Good Program Launches November 12th Featuring Key Colorado Sustainability Leadership
• Put Unwanted Consumer Items to Good Use Not in Landfills with Recycle.co.uk
• Medtech Ventures and VDBU to Jointly Raise EUR1 Million for AngioVasc Super EV Guides in Series A Venture Finance
• Social Media helps accelerate the growth of global online community of action: Ashoka's Changemakers and Objective Marketer partner.
• TVI Express Review - Every TVI Express Leader Will Read This or Go Broke!!!
• Origin Hotel Group - New Breed of Management Company Emerges to Tackle Industry Decline
• Kyle Clouse Projects the Largest TVI Express Organization
• Slots Galore Casino Launches on Vegas Technology Platform