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Merchants Hope For Valentine Validation

Retailers look for signs of an economic comeback this holiday.

Retailers in Indiana are searching for signs in the midst of the Valentine's Day spending boon that a significant economic rebound is on the horizon. Most are anticipating high foot traffic today as customers seek out last-minute gifts for their sweeties, so stores have replenished inventories and hope to lure in eager customers with a few late promos. “As one of the biggest gift-giving holidays of the year, it’s encouraging that consumers are still exhibiting the desire to spend on discretionary gift items, a strong indication our economy continues to move in the right direction,” said National Retail Federation President and CEO Matthew Shay.

Read more at the Journal-Gazette

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