Wednesday, September 12, 2012

U.S. holiday retail sales seen up 3.3 pct-ShopperTrak

U.S. retail sales should rise 3.3 percent this holiday season, on what is expected to be the first increase in shopper traffic since 2007. They expect foot traffic to increase 2.8 percent during the peak holiday shopping months of November and December. Monthly retail sales have been up versus a year ago for the last 34 of 35 months, as consumers gain confidence in the U.S. economy's slow but fitful recovery. People are a little more relaxed about walking around and seeing what's available in stores.

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