Shoppers Still Have Spending Appetite

Summary


NEW YORK - Forget the returns line. People hit the stores after Christmas to buy, indulging the rediscovered retail appetite that may have made 2010's holiday shopping season the biggest ever.

Revenue for the holiday season is on track to grow at its strongest rate since 2006. Total spending for November and December could exceed 2007 sales - the best season on record. This despite an uncertain economy and a rise in thrifty habits.

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Extract


Shoppers Still Have Spending Appetite

Shoppers spent more on their family and friends and for the first time since before the Great Recession, treated themselves and even their pets. And after Christmas, even an East Coast blizzard didn't kill the mood as they headed to stores armed with gift cards and eyeing ...

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