Stimulus Doubts Stoke Uncertainty For Shoppers, Retailers Just As Holiday Season Begins

“Disaster” is one word being used to describe the potential fallout for the retail sector from on-again, off-again economic stimulus talks in Washington, D.C.  “A total retail disaster is unfolding before our eyes that is completely avoidable,” Andy Polk, a senior vice president at footwear industry trade group FDRA, told CNBC. “It is not an overstatement to say that pushing out any stimulus package until after the election is a disaster and may cause a shoe retail collapse again, both in terms of crashing sales and retail job losses at shoe stores going into the holiday season,” he said. Read more at CNBC.