Why This Holiday Season Will Have Impact Beyond 2006

Tis the retail season for loss-leader turkeys and fistfights over Sony PlayStation 3. Food retail executives are already giddy this year because they believe Santa will be generous. People have more money, the economy is more stabilized, there are lower mortgage rates, the stock market is at an all-time high, and elections are over, said John Azzolina, vice president of finance and information technology

Tis the retail season for loss-leader turkeys and fistfights over Sony PlayStation 3. Food retail executives are already giddy this year because they believe Santa will be generous.

“People have more money, the economy is more stabilized, there are lower mortgage rates, the stock market is at an all-time high, and elections are over,” said John Azzolina, vice president of finance and information technology for Food Circus, Middletown, N.J., in an article in last week's SN. “We've been

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