ShopperTrak forecasts slight holiday sales rise

FILE - In this Nov. 28, 2008 file photo, shoppers pass Macy's department store in New York. ShopperTrak, a Chicago-based research firm, is forecasting that total holiday sales will rise 1.6 percent Tuesday, Oct. 20, 2009, compared with a year ago, which would reverse last year's steep decline.(AP Photo/Frank Franklin II, file) NEW YORK (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 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... [read full story]                    

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