St. Patrick's Day sales expected to be lower than last year

According to the National Retail Federation ’s 2008 St. Patrick’s Day Consumer Intentions and Actions survey, conducted by BIGresearch, consumers will spend an estimated $3.64 billion on St. Patrick’s Day, less than last year’s $3.76 billion. Some are speculating the projected decline to be directly related to the fact that the holiday falls during the holy week before Easter this year. It could also be due to the looming recession which has consumers more wary about where they spend their... Read more »