Online Retail Displays Resilience, But Not Immunity to Challenging Holiday Season [View article]
You did not mention the effects of the credit tightening and the numbers of people holding credit cards will be reduced by that. I have read as high as 60% of credit cards will have limits severly reduced or eliminated.
That will have a tremendous effect on web shopping because it is credit card driven.
Just like the national highway system that was built for national defense measures and the resulting trucking industry growth. The availability of credit cards made shopping on line what it is and if they are revoked it will greatly reduce it.
Online Retail Displays Resilience, But Not Immunity to Challenging Holiday Season [View article]
That will have a tremendous effect on web shopping
because it is credit card driven.
Just like the national highway system that was built for national defense measures and the resulting trucking industry growth. The availability of credit cards made shopping on line what it is and if they are revoked it will greatly reduce it.