2008 Holiday Sales Are the Weakest on Record

Globe St. -NEW YORK CITY
Maybe Christmas stockings were filled with aspirin this year: drug stores reported a 3.4% comp store sales gain in December, even as the industry posted a 1.7% comp store decline, says the International Council of Shopping Centers Chain Store Sales Index. Excluding Wal-Mart’s slight 1.7% gain, the overall index posted a 4.3% comp decline.

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