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VRA in the NewsWATERBURY – Tasha Wallis is hoping Vermonters put a little ho-ho-ho into what threatens to be a pretty ho-hum holiday shopping season.Times Argus, 11/17/2008 By Susan Allen Times Argus Editor As executive director of the Vermont Retail Association, Wallis is keenly aware of the grim economic picture. Sipping coffee at K.C.'s Bagel Cafe in Waterbury last week, she ticked off some of the Vermont statistics, handing me economist Art Woolfe's report showing consumer retail spending down 8.8 percent in September (11.2 percent for restaurant and lodging, 16.4 percent for vehicle sales, and 17.3 percent for real estate). The national statistics are worse, with retail sales hitting a record slump in October. Despite the dark forecast, Wallis said Vermont retailers remain "cautiously optimistic" heading toward Black Friday – the Friday after Thanksgiving that is typically the kickoff of the holiday shopping season. BENNINGTON — As the holiday shopping season nears, Vermont retailers are eyeing the nation's economic climate closely.Bennington Banner, 11/15/2008 By Mike Gleason, Staff Writer The year has not been kind to major retailers, as many have voiced concern about the economy. Recently, Circuit City, a major electronics company, filed for bankruptcy protection. Tax-free shopping this weekendBurlington Freepress, 7/9/2008 By Terri Hallenbeck, Staff Writer Buying that $1,749 Specialized Roubix Elite long-distance endurance bike at Skirack in Burlington this weekend will save you $123 in sales tax. On a $1,100 Samsung 42-inch plasma high-definition television at the Superstore in Williston, you’d save $77 in sales tax, another $77 from the store’s match of the sales tax savings and $224 from another in-store promotion. Vermont is suspending its 6 percent sales tax (7 percent in eight municipalities including Burlington, Williston and South Burlington) for the weekend, followed next week by a tax holiday on energy-efficient appliances. The moves are designed to save Vermonters money and stimulate the economy. “It’s an upbeat tone in a downbeat economy,” Tax Commissioner Tom Pelham said. “This is real money to people who are shopping on those days.” Sales tax holiday designed to boost business comingBurlington Freepress, 7/4/2008 By Brandon Canevari, Editor MANCHESTER — A free sales tax weekend will be taking place on July 12 and 13, but how it will affect the local economy remains to be seen. Merchants want lawmakers to regulate credit-card feesBennington Banner, 2/17/2008 By Dan McLean, Staff Writer Legislation under consideration in Montpelier stems from an effort by a national special-interest group working to draw attention to fees credit cards charge merchants. The state legislation, titled the Vermont Credit Card Disclosure Act of 2008, is being supported by the Washington, D.C.-based Merchants Payments Coalition Inc. -- whose membership consists of dozens of members, including the National Association of Convenience Stores, the Food Marketing Institute, the Petroleum Marketers Association of America, the American Petroleum Institute, the Vermont Grocers' Association and the National Retail Federation. Oh, Canada, Vermont is open for BusinessBurlington Freepress, 2/9/2008 By Joel Banner Baird, Staff Writer Washington calls on Americans to spend their way out of a recession. Vermont business leaders are calling on Canadians to pitch in. This time, the pitch goes beyond ski slopes, hiking trails and mulled apple cider. Beginning today, more than 1 million color glossy newspaper inserts, in French and English, will extol to Montrealers the virtues of the Green Mountain State's retail-rich landscape. WCAX Spot2/7/2008 Tasha Wallis/Vt Retail Association: We want to make sure all the merchants around the state understand what the rules are -- but also are well informed on what items that might contain lead might look like.)) More testinomy is scheduled on the bill .... For Manchester Shops, a Good SeasonBennington Banner, 12/28/2007 By John Waller, Staff Writer Local holiday sales up over last yearBrattleboro Reformer, 12/2007 By Bob Audette, Reformer Staff Black Friday brings crowdsWilliston Observer, November 29, 2007 By Greg Duggan Shopping trends change with the timesBennington Banner, 11/26/2007 By Andy McKeever, Staff Writer |
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