Print
Email
Share

Stores busy with last-minute holiday shoppers

by Associated Press

WVEC.com

Posted on December 24, 2009 at 11:43 AM

Updated Thursday, Dec 24 at 5:12 PM

NEW YORK (AP) -- Last-minute shoppers -- snowed in by last weekend's East Cost storm or just waiting for the best deals -- are coming out in force the day before Christmas.

Stores are counting on these last-minute shoppers in a season that appears to be better than last year's disastrous season.

Greenbrier Mall in Chesapeake was packed with shoppers on Thursday.

Brandon Critchfield admits he procrastinated, but he also says his wife has kept him busy.

"My wife kept coming up with honey-do lists," he stated.

A Christmas Eve snowstorm in the nation's heartland is slowing some shoppers after hitting the mountain states a day earlier. But based on early readings, stores nationally have been packed all week.

Shoppers were procrastinating even more this year than last year. A storm that slammed the Northeast on the critical weekend before Christmas also put more pressure on merchants.

Research firm ShopperTrak reported sales nationally dropped 12.6 percent compared with a year ago. But some stores were confident that they could make it up because of a big surge of shopping that occurred this past week as shoppers played catch-up.  The company, which tracks total sales and traffic at more than 50,000 outlets, is sticking to its prediction for a 1.6 percent gain, compared with a 5.9 percent drop a year ago. 

National Retail Federation expects that total retail sales will slip 1 percent, though some experts say that might be a a bit too cautious. A year ago, they fell 3.4 percent by the trade group's calculations. 

The International Council of Shopping Centers forecasts that sales at stores open at least a year will be up 1 percent, compared with a 5.8 percent drop a year ago.


 

Print
Email
Share

Forgot Password?

Don't have an account?

Register Now

Member Benefits

Link your account to your Twitter or Facebook account for easier login!

Link your account to your Facebook profile Link your account to your Twitter profile

Check box to receive Free Special Offers

* - Indicates required field

Check box to receive Free Special Offers

Connecting to

You may need to allow pop up window for this step of registration

Just one more step:

Please take a moment to review the available e-mail newsletters has to offer. Place a checkbox next to the newsletters you wish to subscribe to.

Welcome.

Thank you for becoming a member of WVEC.com. You now have full access to the best local coverage and late breaking news from WVEC.com. Soon you will be redirected to the page you were seeking, and a confirmation email will be delivered to you.

You will need to respond to the confirmation e-mail for your account to be activated.

WVEC.com is dedicated to bringing you exceptional news and outstanding information services, all while personalizing it to your liking. We're sure you'll enjoy being a WVEC.com member! If you need assistance, please contact us.