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"Looking at the graph, the effects of Black Friday last year resulted in much weaker pre-Christmas and Boxing Day sales and, not only that, retailers actually saw a distinct lull in spending during early December as consumers waited for the next round of bargains to hit the shelves," he added.
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Beckenbaugh has been involved in the current round of bargaining since the week began.
Bettman's team contained no owners, as it has throughout this latest round of bargaining.
"There is no justification for any concessions in this round of bargaining," he said.
"It stands for the proposition that productivity is a basic element in this round of bargaining".
The Bloomberg administration sought to reach the first contract in the new round of bargaining with the Corrections Officers Benevolent Associationn.
He said that "a round of bargain hunting in Japan by these U.S. investors is quite possible".
It was the fourth offer exchanged between the two sides since Dec. 27, when the N.H.L. extended a proposal that jump-started the current round of bargaining.
Both suggest a clean slate but, before long, both require a fresh round of bargaining with the past, haggling over how the future will play out.
After the talks broke off on Dec. 18, Mr. Cohen persuaded the two sides to return this week for a last-minute round of bargaining.
Several labor leaders said they expected the coalition to reach the first contract in the current round of bargaining, which involves some 300,000 city workers.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com