We're sure that all sorts of information like is going to come out over the next few days. But an early report has holiday sales, from Black Friday to Christmas Eve, rising by 3.6%. The data, provided by a MasterCard division, is an improvement over the 2.3% drop tracked a year ago. And these better-than-expected results happened in spite of the major storms taking place throughout the Northeast and Midwest. Electronics sales rose 5.9%, while jewelry posted a surprising 5.6% jump and luxury was up 0.8%. Meanwhile, specialty apparel declined 0.4%, and women's apparel dropped 3%.So far so good. But will later reports show more dismal figures than these?
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
