Credit Crisis, Signs Hit Retailers

News hit the telegraph headlines on the 12th December that retailers are offering their biggest pre christmas discounts yet, due to the credit crisis. If you search hard enough you can find up 80% off some gifts in a desperate attempt to woo back Christmas shoppers.

John Stevenson, retail analyst at City firm Shore Capital, said: "It's only been in the last couple of weeks that we've seen profit warnings from retailers. And this is the first sign that there is going to be a slowdown."

Here at tigerstep we have been watching this slowdown but is there anything which will boom in a credit crisis? Well you may see an increase in gambling as people try to find alternative ways to pay off their debts. So affiliates if you are listening start building those gaming sites as they could well be that key commission driver of 2008.