U.S. retail sales for week ended ended Dec. 10 rose 10.6% from previous week, showing that consumers are picking up their spending following a break after Thanksgiving weekend: ShopperTrak
December 14, 2011
– Research firm ShopperTrak is reporting that shoppers are again doing some holiday spending after taking a break following their spree over the Thanksgiving weekend.
ShopperTrak, based in Chicago, reported Wednesday that sales for the week ended Saturday rose 10.6 percent from the previous week, though business fell 1.9 percent compared with the same week a year ago.
ShopperTrak recently reported that for the week ended Dec. 3, sales declined 22.5 percent from the week before, which included the day after Thanksgiving, known as Black Friday. That's expected to be the biggest day of the year.
ShopperTrak measures foot traffic in 25,000 stores in the U.S. and blends those figures with economic data
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