Retail Research Company's Prediction Contrasts With Decline Expected From National Retail Foundation (AP) ShopperTrak, a retail research firm, predicted Tuesday that total holiday sales will rise 1.6 percent compared with a year ago, which would reverse last year's steep decline. The research firm also expects a 4.2 percent decline in foot traffic compared to a year ago. Last year, holiday sales fell 5.9 percent while foot traffic dropped 15.4 percent, according to ShopperTrak estimates. The research firm tracks customer traffic at more than 45,000 stores. The holiday sales estimate is a bit rosier than other forecasts... [read full story]
powered by 
