November 16, 2007

Shoppers set to trade down with holiday jewels (Reuters)

Visitors walk past the Tiffany  and  Co. store on Rodeo Drive in Beverly Hills March 22, 2006. (Fred Prouser/Reuters)Reuters – Hit by economic fears like rising gas
prices, a crumbling housing market and smaller Wall Street
bonuses, U.S. shoppers may not be inclined to splurge on the
most expensive of baubles this holiday.

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