Late Shopper Surge Makes Ho-Ho So-So

January 2006
Home Textiles Today;1/2/2006, Vol. 27 Issue 15, p16
Trade Publication
The article presents the Johnson Redbook Services index showing the during eleventh-hour surge of shoppers to the malls in pursuit of last-minute promotions in the fourth week of December 2005 in New York. The retail sales shot up by 3.7 percent but it was not enough to pull the month out of doldrums. Discounter sales for the four weeks climbed by 4.2 percent compared with a softer 3 percent for department stores. Some retailers reported stellar gains by the help of aggressive price promotions.


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