Tags: US | Holiday | Shopping

Holiday Shoppers on Weeklong Spending Binge

Thursday, 31 Dec 2009 06:54 AM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

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 percent during the week ending Dec. 26, according to research firm ShopperTrak. Meanwhile, traffic edged down 1 percent 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 percent during the holiday season.

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

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web

Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 

You May Also Like
Around the Web

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved