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Dec 28 2009

Sales up a bit these holidays over last year

Posted by doris in America, Business, Financial, Money, Profit, Unemployment

Full Story at msnbc.com

NEW YORK – Holiday shoppers spent a little more this season, according to data released Monday, giving merchants some reason for cheer.

The spending bounce means retailers managed to avoid a repeat of last year’s disaster even amid tight credit and double-digit unemployment. Profits should be healthier, too, because stores had a year to plan their inventories to match consumer demand and never needed to resort to fire-sale clearances.

This entry was posted on Monday, December 28th, 2009 at 5:14 am and is filed under America, Business, Financial, Money, Profit, Unemployment. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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