Holiday Shoppers on Budget

Fresno, CA With their most important season just around the corner, retailers anticipate shoppers will keep things simple, and on a budget, during the holidays.

Santa might be bringing kids a lot more clothes than toys this year.

The National Retail Federation forecasts a one percent decline in holiday sales this year, not nearly as harsh as last year's 3.4 percent drop, at the height of the economic crisis.

"The holiday season of the laptop and the big-screen TV are probably over, in favor of DVDs and $10 dollar toys," said Ellen Davis with the National Retail Federation.

Shoppers can expect big promotions on the most popular holiday items, like clothing and electronics.

But last-minute shoppers looking for discounts may find they're too late. To cut their own costs, retailers want to make sure few items go unsold.

Because retailers have been cutting back so much on inventory, the most popular items will sell fast.

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