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Let’s Make A Deal: Disturbing Trend In Retail Sales

When I grew up in the sixties, the holidays were magical and captured in the 1963 hit, “It’s the Most Wonderful Time of the Year.”higbees
Its the most wonderful time of the year
With the kids jingle belling and everyone telling you be of good cheer
Its the most wonderful time of the year

That sense of wonder was immortalized in the classic holiday movie, A Christmas Story as Ralphie and his brother window shop at Higbees department store in Cleveland, Ohio.

Where was the “big deal” then? Where was the rush to discount? Weren’t people struggling in the early 60′s?

According to www.recession.org, “The Early 1960s recession was yet another chapter in the modern economic cycle that has shown its ugly side so many times to the U.S. This recession was characterized by, once again, astronomically high unemployment rates, incredibly high inflation, and a bad Gross National Product rating.”

Yet wonder still lived at Christmas.  Childhood fantasies were embraced. It was about finding the Continue reading Let’s Make A Deal: Disturbing Trend In Retail Sales »