What To Expect From Retailers' Earnings For The Holiday Season

This holiday season was predicted to be the highest grossing season for the US in many years. The National Retail Federation (NRF) predicted (through its surveys) that the majority of the consumers would spend more money this holiday season compared to what they had spent last year. The three prime factors that led to the predicted increase in holiday expenditure were: the low gasoline prices, lower level of unemployment, and the launch of the latest version of Apple Inc.'s (NASDAQ:AAPL) flagshi...