Hundreds of sale prices on designer shoes can be found at this store in San Jose, California, April 8, 2009. Many shoppers are downgrading where they shop due to the tough economic times. (Karen T. Borchers/San Jose Mercury News/MCT)
Hundreds of sale prices on designer shoes can be found at this store in San Jose, California, April 8, 2009. Many shoppers are downgrading where they shop due to the tough economic times. (Karen T. Borchers/San Jose Mercury News/MCT) Karen T. Borchers / San Jose Mercury News / MCT
Hundreds of sale prices on designer shoes can be found at this store in San Jose, California, April 8, 2009. Many shoppers are downgrading where they shop due to the tough economic times. (Karen T. Borchers/San Jose Mercury News/MCT) Karen T. Borchers / San Jose Mercury News / MCT

Finally, Americans are saving. For retailers, that's a disaster

September 10, 2009 01:50 PM

UPDATED June 15, 2015 11:30 PM

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