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Retail shopping traffic poor last week: ShopperTrak

  • Brick-and-mortar retail sales fell 2.9% Y/Y for the week following Black Friday, according to ShopperTrak.
  • The mark is less than impressive with the compact holiday shopping season supposed to make the comparable to last year a bit easier. Even worse, the consumer research firm reports a 21.6% drop in retail shopper traffic for the week of December 2 to December 8.
  • Though post-Cyber Monday letdown, wintry weather, and an early Hanukkah played a factor in the poor retail sales week - forward momentum appears lacking with only two weeks left before Christmas.
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Comments (4)
  • HPBunker
    , contributor
    Comments (219) | Send Message
     
    Dammit the weather strikes again! Every winter this gosh darned "wintry weather" lowers retail sales! When will Obama do something about this?!
    11 Dec 2013, 03:06 PM Reply Like
  • mweaver
    , contributor
    Comments (201) | Send Message
     
    he refinanced winter
    11 Dec 2013, 04:33 PM Reply Like
  • mygatt
    , contributor
    Comment (1) | Send Message
     
    If you like your weather, you can keep it.
    11 Dec 2013, 08:52 PM Reply Like
  • harryjack
    , contributor
    Comments (484) | Send Message
     
    AMZN should benefit from this weather as cyber deals sold out quickly into the week following.
    11 Dec 2013, 10:56 PM Reply Like
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