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Gas Prices Could Mean Trouble for Retail
March 9, 2010
FROM RETAILWIRE:
Gas prices are on the rise, and the question becomes, how high will they go and how will it affect consumer purchasing in other areas? Are you concerned that gas prices will rise to the point this summer that it will affect consumer purchases at retail?
[more...]
Higher gas prices shrink discretionary dollars, fewer discretionary dollars shrink retail sales.
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