November 25, 2011
Ronald Friedman, Co-Leader, Retail/Consumer Products Industry Group, Quoted in Los Angeles Times Article "Early Black Friday Sales Appear to Pay Off for Retailers"
Los Angeles Times
By Shan Li and Tiffany Hsu
Excerpt:
In the article, Mr. Friedman says, “People have had so many years of recession that they want to spend money and feel good about themselves, and many people have set money aside and are paying off their credit cards more, so people can spend a little bit more than last year.”