Retail executives were holding their breath on Friday, looking for indications that the recent recovery would extend into the holiday shopping season. Macy’s CEO Terry Lundgren went on the record with the Wall Street Journal Saturday to assert that early indications of both traffic and sales are pointing to “very good signs” for the December [...]
:: Friday, March 19, 2010
U.S. retail Internet sales are expected to reach $146 billion in 2008, a 14.3% rise from 2007—and yes, that reckoning takes into account the economic downturn, which has actually boosted online sales because of high gas prices and reduced driving. While U.S. retail sales rose by 2.8% between the first quarter of 2007 and the [...]
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