Buyer’s Remorse: Final Blow To Stores’ Painful Holiday

It’s a new year, but the weakest season for holiday retail sales since at least 1970 could worsen still. The ghost of Christmas past haunting store results is returns. The economic pinch “has created the expectation that this year’s volume of returns will be up considerably,” said Bill Angrick, chief executive of Liquidity Services (LQDT), an auction firm retailers use to dispose of returns in bulk.

Read the Article