Monday, January 23, 2012

Luxury Goods Selling as 1% Go Shopping (for 12/14/11)

Tiffany, Burberry, and Neiman Marcus are some of the luxury retailers who are benefitting from the top 1% of the population's immense wealth. Their sales are up. Best Buy, Sears, Target, and other retailers with mostly middle class customers are not doing as well. http://abcnews.go.com/Business/holiday-luxury-sales/story?id=15157173

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