Retail read: Holiday season sales rose 2.3%, jewelry outperforms


Holiday sales rose this year by 2.3% to easily top last year's 0.7% rise, according to fresh data from MasterCard Advisors. The mark falls short of the early projections from ShopperTrak and the NRF.

Jewelry (ZLC, SIG, NILE, TIF) and children's clothing were two categories that showed strong gains.

The shift to online channels was pronounced this year with mall traffic slow.  Online sales for the holiday season were up at a double-digit pace, but also fell short of some forecasts.

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Comments (2)
  • BruceInKY
    , contributor
    Comments (444) | Send Message
     
    As a retailer with improved sales but increased costs and pass-along-price increases since last year I declare this, at best, a zero-sum read.
    28 Dec 2013, 12:21 AM Reply Like
  • Moon Kil Woong
    , contributor
    Comments (13198) | Send Message
     
    Jewelry gains were the results of cheap gold and silver, everything else is probably the result of inflation.
    28 Dec 2013, 02:41 PM Reply Like
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