Good tidings make me giddy

All the good news is dizzying. I wrote up stories for Chain Store Age's Web site yesterday and today that included doubled profits, same-store sales gains, total sales leaps. About the only bad news over the last day or two has been Wal-Mart’s declining customer counts -- and with the kind of service offered at the world’s largest retailer, is that any wonder?

But this isn’t a Walmart bashing session. I’m in much too good a mood to be negative. I just finished reading a news report that has retailers prepping for a consumer comeback -- a comeback that includes cashmere and other luxury purchases such as $1,500 python skin shoes. Who’d have thunk it?

Check it out: http://finance.yahoo.com/news/Retailers-prepare-for-apf-2068477294.html/print?x=0

--Katherine Field