NEW YORK (AP) - Retailers have taken some mild encouragement
from the first big holiday shopping weekend and now it's the
The attention now shifts to the online promotions known as Cyber
Monday, as well getting people to come back and shop more.
Retailers saw a huge crowd of bargain shoppers for early morning
deals Friday, but economic worries were apparent as shoppers mostly
stuck to their lists and focused on practical items.
According to preliminary figures released Saturday by the
research firm ShopperTrak sales rose 0.5 percent over last year.
Data released yesterday by the Internet research firm comScore
shows online sales already up 11 percent, thanks to a big boost
from promotions the week leading into the Thanksgiving weekend.
The National Retail Federation trade group said Sunday it's
sticking to its forecast for holiday sales to decline 1 percent
from last year.
(Copyright 2009 by The Associated Press. All Rights Reserved.)