Underground Bunker

Rush At End, But Holiday Sales Fall Short

http://www.nytimes.com/2006/12/26/business/26retail.html?ei=5065&en=4175803a9b6f7021&ex=1167800400&partner=MYWAY&pagewanted=print

Rush at End, but Holiday Sales Fall Short
By MICHAEL BARBARO
There is always next year.
Shoppers swarmed discount stores and mobbed suburban malls over the crucial holiday weekend, but the final burst of buying is expected to fall short of retailers’ expectations.
Visa USA, the credit card company, said yesterday that it would lower its closely watched forecast for holiday spending. Based on purchases by credit and debit card holders, Visa said sales rose 6.5 percent in November and December, compared with the same period last year, down from its initial forecast of a 7.5 percent gain.

posted by David @ 5:44 PM