Holiday Shopping Season, 2010 | featured news

December Retail Sales Are Weaker Than Expected

Though December was weaker than expected, the overall holiday season was still relatively strong, analysts said.

 

Retail sales surge

Retail sales surge

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

 

Back-to-School Shopping a Bust

Shoppers spent slightly more last month than they had the year before, but sales were far short of 2008 levels, heralding what could be a disappointing holiday shopping season.

 

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