Relevant:
- U.S. shoppers spend less over holiday weekend amid discounting
- U.S. retail holiday sales rose 4.9%, biggest increase since 2011 (per Mastercard, at least...)
- Early Reports Confirm Weak Holiday Shopping
- U.S. retailers scramble after lackluster holiday sales
- Core Retail Sales Growth Weakest In Almost 3 Years (CONTRADICTING NRF'S RAH-RAH REPORT)
2012-12-29 — ml-implode.com
A four percent increase in retail holiday sales is considered a "healthy season." Analysts forecasted retail sales this holiday season would grow by 3 to 4 percent, because I suppose they had bought into headlines about happy days being (almost) here again.
Well, guess what? Will wonders ever cease, analysts were once again "surprised."
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