As the Christmas passed and the stores are removing their decorations customers are about to put aside their wallets again. The sales boom recorded during Thanksgiving and Christmas season was not a sign of consumer spending resurrection, say analysts and shoppers themselves.
"At this point I refuse to put anything on credit. If I don't have the money, I don't buy it," said Jeff McErlain, a Brooklyn, New York, musician shopping at upscale department store Saks on Manhattan's Fifth Avenue on Wednesday.
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