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Sunday, January 07, 2007
By George Stalk
(MCT)
Economic soothsayers are closely watching 2006 holiday sales figures to gauge the strength of the economy.
But sales are not the only figure experts should be watching. They also should be looking at the amount of goods returned for refunds. This figure has been growing rapidly in recent years and is eating significantly into companies' profits.
(MCT)
Economic soothsayers are closely watching 2006 holiday sales figures to gauge the strength of the economy.
But sales are not the only figure experts should be watching. They also should be looking at the amount of goods returned for refunds. This figure has been growing rapidly in recent years and is eating significantly into companies' profits.
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