Statistics from the retail and consumer community are clear: the U.S. recovery may be inching up but the accessories industry is rebounding in stride
As the first December sales figures began spilling in from major retailers right after New Year’s, economists and retail analysts were speculating about what the holiday figures signaled for future retail sales. The good news was that same-store comparable sales—a measure of retail health—were up 3.2% over 2009. But the December increases fell short of what most analysts had predicted—no thanks to a post Christmas blizzard that hampered sales in the highly populated Northeast.
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