Christmas cheer for retailers

CNN/Money ^ | December 30, 2003: 8:18 AM EST

[BigWaveBetty]

ShopperTrak's NRSE report says Christmas week sales jumped 24.6% over the same period last year.

NEW YORK (CNN/Money) - Last-minute shoppers and post-Christmas bargain hunters fired up holiday sales over the Christmas holiday week, a report said Tuesday.

Sales for the week ended Dec. 27 jumped 24.6 percent over the same period a year ago, ShopperTrak said in its weekly National Retail Sales Estimate (NRSE) report.

[BigWaveBetty]

Read it and weep Krugman.

[joyful1]

Refinance the home and pay for the bills, if you are able.

[Coop]

Doomed ping

[RiflemanSharpe]

The refi money has to dry up sometime.

[B.L. Zebub]

No thanks to me.

[NeoCaveman]

ShopperTrak's NRSE report says Christmas week sales jumped 24.6% over the same period last year.

Tom Daschle is deeply saddened.

[The G Man]

Hmmm ... just a week or so ago, the media was trumpetting how holiday sales were "ONLY up X% over last year."

Punks!

[mtbopfuyn]

That'll change when I take back a bunch of unwanted stuff.

[Mad Dawgg]

"Tom Daschle is deeply saddened."

So is Willie Green, but I am being redundant.

[Tax-chick]

Some good sales this week. We don't usually do any Christmas shopping, just after-Christmas shopping!

[BigWaveBetty]

I'm eagerly awaiting the January white sales.

[BigWaveBetty]

That punk Krugman is still whining.

http://www.nytimes.com/2003/12/30/opinion/30KRUG.html

[Trust but Verify]

The malls in our area are almost as busy since Christmas as before. I haven't stepped foot into a store other than the grocery since two days before Christmas. I have some gift money to spend, but I can wait until the hoardes dissipate. I've had enough of it for awhile.

[Trust but Verify]

I'm going furniture shopping later this month! Woo Hoo!

[BigWaveBetty]

"I will not cry, I will not cry, I will not cry!"

[BigWaveBetty]

I'm going furniture shopping later this month! ! Woo Hoo!

Now that IS worth a Woo Hoo! :-)

[Cobra64]

"Christmas week sales jumped 24.6% over the same period last year."

Tom Saschle, "I am saddened. Deeply saddened."

[Texas_Dawg]

Yes, but Paul Krugman writes in the NYT today that the major gains are primarily at the high-end retailers, so, as always, the rich are getting richer, the poor are getting poorer, and we, the doomed, are getting all doomeder.

[RayChuang88]

Tom Saschle, "I am saddened. Deeply saddened."

You really have to wonder if Daschle has really regretted making that remark in the first place.

[waterstraat]

So, why is it "good" that a lot more items made in China were are being sold here? Are we to be joyed that our balane of trade is getting worse, the dollar is going to fall more, and gold hit $417 this morning on the news?