Sector Snap: analyst sees good holiday for retail

Sector Snap: analyst sees good holiday for retail

October 6, 2010, 11:44 am

[AP] - The holiday season should be pretty good for retailers as economic conditions improve, an analyst said Wednesday. Liz Dunn of FBR Capital Markets said in a client note that consumers are in better shape than they were during the 2009 holidays since employment, housing and consumer credit/savings are showing modest improvements from a year ago.