California Apparel News quoted Retail Co-Leader Ron Friedman in a review of Black Friday results.
California Apparel News
By Andrew Asch
Excerpt:
This holiday season will be supported by one of the best American economies in the past decade, said Ron Friedman, co-partner of consumer products and retail for the accounting and advisory firm Marcum LLP.
U.S. unemployment in October was at a low 3.7 percent, and consumer confidence is high. “Everything is moving in the right direction,” Friedman said. “Between now and Christmas will be a record-breaking period.”