Reuters reports that according to analysts, consumers were not interested to spend whole heartedly post 2007 holiday season. Top retailers Zale Corp and Finlay's seemed to face disappointment. Zale, even though revised its pricing and improved customer service to increase sales during the period, A.T. Kearney partner Sherif Mityas mentioned that it was “dying effort”.%%CL King & Associates analyst William Armstrong said that the low footfalls at the Finlay’s jewellery counters in department stores resulted in its lowered sales. This has led Finlay’s to predict a fiscal-year loss. The reason attributed for this apparently disinterested consumer behaviour is the increase in food and fuel costs and the fluctuating housing market.%%On the contrary, Cowen & Co analyst Jim Friedland mentioned that the online retailer Blue Nile performed better. This could have been because of the consumers looking for bargain deals and the increasing confidence of buying expensive items online. Also, Tiffany was encouraged to raise its full-year profit forecast, as its sales increased in the first month of the holiday period.