The shopping for the event of Christmas is going to start and the retailers will have to lower their prices for every product. This is the time of the year when the people start shopping for their relatives and their families. The people who could not afford high priced products also buy their new clothes, footwear and other things in these months of the year. According to the National Retail Federation there is a big loss to the retailers for lowering their prices in this season but it has to be done so everyone is able to celebrate their happiness along with others. The government is going to issue a holiday for the people to make some shopping for themselves for the Christmas.

The recession for the retailers is very bi in this time of the year when there are some heavy losses to them which is like a goiter to their business. In the year 2008 more than twenty million dollars of discounts were

given on the products to the people and in 2009 this recession had increased. According to the drop in the earnings in these few months the loss of money is like a goiter in the body of the retailers. This goiter harms the business of many retailers and the retailers said that they can’t survive this situation as it continues to damage their economy of sales. So the holidays for the shopping should not be held in this time of the year as the shopkeepers have to bear a lot of money losses which they cannot control.

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