Retailers report higher December sales
NEW YORK (AP) -- A last-minute surge in spending helped many major retailers report better-than-expected sales in December, a relief for stores that make up to 40 percent of annual revenue during the holiday period.
Consumers had a lot to worry about this holiday, including the possibility of the U.S. economy falling off the "fiscal cliff." But after spending cautiously during most of the season, they loosened their purse strings in the final shopping days.
Are you a newspaper subscriber but you don't have a Digital Access account yet? https://secure.forumcomm.com/?publisher_ID=40&event=subscriber/lookup.
You will need your subscription account number and phone number. Not sure if you have an account? Email us at firstname.lastname@example.org and we can help you.