Holiday shopping keeps retailers edgy amid recession

UNDATED (AP) - Merchants in Texas and across the country hope to
salvage one of the worst holiday shopping seasons in decades.

Shoppers are facing the recession and growing economic

Some parts of the U.S. also have extreme winter weather
conditions this holiday week.

Ahmad Parpia manages Marquise Jewelers at Valley View Mall in

He's seen his most profitable period of the year -- fizzle.

Few shoppers are stopping at the jeweler's four stores to buy
diamond-encrusted chains, gold watches and other pricey items. He
says business is almost 80 percent down over the last two years.

The International Council of Shopping Centers expects
established stores to post their worst performance for the holidays
since at least 1969, when it began tracking such data.

(Copyright 2008 by The Associated Press. All Rights Reserved.)

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