Truro Daily News - Business - Retail & services

Article

Print
Send to a friend
Comment (0)

Retail sales rise 8.8 per cent during week of Christmas after snow storm the previous weekend

Published on December 31, 2009; Published on February 25, 2010
The Associated Press ~ staff The News

Topics :: CHICAGO

CHICAGO - Shoppers spent heavily last week both before and after Christmas, after a snow storm the last weekend of the holiday shopping season led to pent up demand.

Retail sales rose 8.8 per cent during the week ending Dec. 26, according to research firm ShopperTrak. Meanwhile, traffic edged down 1 per cent compared with a year ago.

On the day after Christmas, consumers spent $7.9 billion, up from $7.8 billion on the same day last year. That was the second biggest sales day of the season after "Black Friday," or the Friday after Thanksgiving, when shoppers spent $10.66 billion.

ShopperTrak continues to predict sales will rise 1.6 per cent during the holiday season.

The firm, based in Chicago, tracks total retail sales at more than 50,000 outlets.

Rate
Top of the page

Submit a comment

Submit a comment Your name* Email* (we keep all emails private) Write your comment here*

Agreement

We ask that users remain courteous. You may not post insulting, discriminatory or inappropriate content, which may be removed at our discretion. We are not responsible for user content and opinions. Use of this site as well as content submission & ownership are governed by our Conditions of Use and Privacy Policy.

Member organizations should be non-profit in nature, and promote legal activities. Any organization found promoting illegal activities or commercial products or services will be deleted from the site.

I agree with these conditions.