U.S. Shoppers spent less this holiday season, according to reports released today. The National Retail Federation had expected a 4.1 percent increase holiday sales this year, for about $586.1 billion in revenues, but current estimates are coming in lower. Research from MasterCard Advisors SpendingPulse shows the sales of electronics, clothing, jewelry and home goods in the two months before Christmas increased 0.7 percent compared with last year, according to ABC News. Despite that somber report, it also states that the final week of December usually accounts for approximately 15 percent of the month's sales. ...
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‘Black Friday’ Deals Are Back for Last-Minute Shoppers
December 21, 2012
Sometimes it pays to procrastinate. Millions of us still need to buy holiday gifts, and retailers want that business. So they've lowered prices to attract last-minute shoppers. "Retailers are definitely slashing prices," said Chris Garlotta, co-founder of ZingSale.com, a site that monitors prices for more than 10,000 products sold by hundreds of merchants on Amazon.com. "We found aggressive discounts that are often significantly better than Black Friday deals."
Report: Green Week busiest online shopping week of season
December 19, 2012
From Chain Store Age
New York – The Chase Holiday Pulse, released on Wednesday, shows that “Green Week” – from Dec. 10 to Dec. 16 – was the busiest seven-day period of the holiday shopping season in terms of transaction volume this year.
Online merchants saw high shopping...