- ShopperTrak estimates holiday sales rose 2.7% during the holiday season compared to the same period a year ago.
- As has been tipped off previously, e-commerce appears to have made up for some of the slack of lower foot traffic.
- Though the growth rate beats an early estimate from the research firm, the late rush of sales spurred by intense promotional activity doesn't bode well for profits in the sector.
- Related ETFs: XLP, XLY, VDC, XRT, VCR, ECON, BJK, IPD, KXI, RTH, PBJ, RETL, PEJ, IYK, IYC, IPS, FXG, FXD, SCC, UCC, RXI, RHS, PMR, FDIS, UGE, EMCG, RCD, FSTA, PSL, PSCC, PEZ, PSCD, SZK, EMDI, AXDI, AXSL
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