A retail industry report released last week predicted holiday sales will gain in 2009, a year after falling some 5 percent in the first industrywide decline in 40 years.

“Retailers will experience their first non-recession holiday season in three years,” said, Michael Niemira, chief economist at the International Council of Shopping.

Let’s hope for our retailers it will be a good one.

in reference to:

– Finally, a ‘non-recession holiday season’ – Business – The State (view on Google Sidewiki)