Retail Sales Update…

December 6, 2010 § Leave a comment

Cherry Creek Shopping Center during the holida...

Image via Wikipedia

About a week ago I wrote about the pending Holiday Shopping Season.  I wrote that retailers were optimistic about the season as store inventories seemed to be robust.  The latest online figures look promising and sales could exceed $32B this season while online retailers saw Cyber Monday sales of more than $1B.  Overall, retail adjusted sales was up by 1.9%.

  • For the first 33 days of the 2010 holiday season (Nov. 1 – Dec. 3), $16.8 billion has been spent online, marking a 12% increase compared to the corresponding days last year.

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