Holiday retail sales grew 2.5% reports ShopperTrak
BY DAVID ROEDER Business Reporter January 9, 2013 6:06PM
Updated: February 11, 2013 7:32AM
The 2012 holiday season for retailers saw greater foot traffic and spending compared with the prior year, ShopperTrak reported Wednesday.
The Chicago-based market research firm estimated that national retail sales rose 2.5 percent in November and December, to about $248.8 billion, from the same two months of 2011. It also estimated that foot traffic rose 2.5 percent. ShopperTrak said 2012 marked the third straight year of improvement in holiday-related business.
Its report provides an early analysis of the recent season. The National Retail Federation is due to issue its holiday summation Tuesday, and the Commerce Department provides December sales numbers in February.