Shoppers Spend a Little More During Holiday Season: ; Retail Sales Rose by 3.6 Percent Compared to Drop This Time Last Year
Charleston Daily Mail › December 29, 2009
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Summary
NEW YORK - Holiday shoppers spent a little more this season, according to data released Monday, giving merchants some reason for cheer.
The spending bounce means retailers managed to avoid a repeat of last year's disaster even amid tight credit and double-digit unemployment. Profits should be healthier, too, because stores had a year to plan their inventories to match consumer demand and never needed to resort to fire-sale clearances.See the full content of this document
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Shoppers Spend a Little More During Holiday Season: ; Retail Sales Rose by 3.6 Percent Compared to Drop This Time Last Year
Retail sales rose 3.6 percent from Nov. 1 through Dec. 24, compared with a 3.2 percent drop in the year-ago period, according to figures from MasterCard Advisors' SpendingPulse, wh...
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