Retailers across the nation are cutting prices to drive sales and make up for their run of bad luck this holiday season -- if they've got to get their current inventory out of their stores. Jeremy Hobson reports.
The gifts are out of the boxes, and some of them will inevitably be on their way back to the mall. And retailers are preparing to see an increase in returned merchandise this year. Andrea Gardner reports.
Shoe cobbler Ramazan Baydan has had plenty of business, thanks to his claim to the infamous shoe thrown by an Iraqi journalist at President Bush. Daniel Estrin reports on the success of the "Bye Bye Bush" shoe.
It's been a particularly dry time for top-shelf alcohol as premium beer and fine wine are selling comparatively lower to last year. But low-price, supermarket liquor purchases are up. Jean-Luc Renault reports.
Retailers are paying the price for the worst holiday sales in decades. In spite of door busters that busted their budgets, they're stuck with massive amounts of unsold inventory. Nancy Marshall Genzer reports.
Gift cards are usually a high sales performer during the holiday season, but this year their retail numbers fell. That also means a smaller post-holiday bump when the cards are used. Jean Luc Renault reports.
In a survey conducted by Michaels craft store, nearly 60 percent of 1,000 respondents said they were more likely to make their own gifts this year. Andrea Gardner looks into the homemade trend that was popular this holiday.