Holiday Shopping Season, Good News | featured news

Big chains report an 8.9% increase from a year earlier, led by discounters and apparel stores. A later Easter is considered only partly responsible for the big jump.

Retailers are reporting solid revenue gains for February, extending the strong spending momentum seen during the holiday season. Worries are growing, however, that rising gas prices...

Holiday online retail spending for the 47 days of the shopping season through December 17 totaled $27.46 billion, according to new data from ComScore, up 12% from the comparable period a year ago. Sales in the latest week were $5.15 billion, up 14% from the comparable week last year.

Retail sales were solidly higher in November, the government reported Tuesday, fueled in part by deep discounting on holiday merchandise.

U.S. online retail sales through the first 40 days of the 2010 holiday shopping season are up 12% from a year ago, according to a Sunday update from ComScore.

The results released reinforced reports over the weekend that consumers shopped, spent and were buying non-necessities again.

The numbers are in. And they look good.

U.S. retailers performed better during the key holiday shopping season this year after a historically dismal 2008, performing in line with dampened expectations, according to data released on Monday.