US retailer sales in holiday period were mixed but online sales jumped 12%

Finfacts Business News Thursday 6th January, 2011

The Wall Street Journal says despite expectations misses by some retailers during a period that included a snowstorm in the North-East, the 28 retailers followed by Thomson Reuters are expected to report that their December same-store sales rose 3.4% after a 5.6% gain in November. If retailers hit the 3.4% gain, the showing would be the best December since 2006, when same-store sales rose 4.7%.

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