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NEW YORK Holiday shopping lists may not be very long this year. According to a forecast released by Deloitte today, retailers will need to prepare for flat holiday sales this year as consumers continue to save and try to cut costs where they can.
Deloitte’s retail group expects a zero percent change for the November through January holiday sales numbers compared to last year, with a total of $810 billion (retail sales during the same period in 2008-9 totaled $809 billion).
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