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Preliminary Reports: Holiday Sales Worst Since 2008?

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Purchase, NY–Retailers will be hoping that their post Christmas sales help boost what some retail analysts say has been a lackluster season at retail. According to MasterCard Advisors SpendingPulse,which tracks all payment types including credit cards, cash and checks across apparel, electronics, luxurygoods, online and furnishings, holiday-related sales rose a …

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Revised Holiday Sales Forecast US Sales to Rise 3.2%

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Chicago–Better than expected response to early sales promotions mixed with relatively mild weather throughout the country is already driving holiday traffic to malls and retail outlets. Consequently, ShopperTrak revised its 2010 holiday forecast—upward. According to the company’s Retail Sales Estimate (NRSE), sales during the upcoming holiday shopping season (November / …