Ho, Ho, Ho Merry October!
As hurricane Rita approaches the Gulf Coast, oil prices are again on the rise. With gas nearly $3 per gallon, consumers will have much less to spend this holiday season. According to reports from the National Retail Federation and consulting company Ernst & Young, retailers are likely to mark down prices earlier this year to attract cost-conscious consumers and beat the effects of winter heating oil costs. Similarly, analysts suggest that holiday advertising will start as early as next month.