Spending During Holiday Season Disappoints Retailers
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Uneasy about the economy and unimpressed by merchandise, American shoppers delivered the bleak holiday shopping season retailers had expected. Spending rose just 3.6 percent over 2006.
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With a weak back-to-school season behind them, the nation&#39;s retailers are focused on the holidays and what steps they need to take to get consumers excited about shopping again.
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Boxing Day figures reveal poor sales, but bargain hunters are expected to turn out in force for post-Christmas shopping
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Retail spending by Americans was little changed in December as consumers anxious over the housing slump and high oil prices held back on purchases during the crucial holiday season, a report released on Friday showed.
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The nation's consumers, uninspired by this season's fashions and rattled by high gas prices and the weak housing market, shopped gingerly last month, extending the misery of retailers who have struggled with a spending slowdown since February.
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By Pat Kimbrough, High Point Enterprise, N.C.  Dec. 9--HIGH POINT -- It isn't just retailers that benefit from the  consumer spending bonanza during the holiday season.
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Retailers are still mulling the results from the first weekend of the holiday shopping season. But the outlook is still murky
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The weakest holiday shopping season in five years ended dismally for most retailers, stoking fears that the economy is tipping into a recession.
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Spending on womenâs apparel so far this year is proving disastrously weak, an ominous signal for the holiday shopping season.
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US consumers are expected to spend more on home-related merchandise and consumer electronics, this holiday season, while new fashions should keep clothing flying off the rack, according to a survey released on Wednesday.
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The holiday shopping season began with a surge in spending but consumers faded by the long Thanksgiving weekend's close and many retailers were facing decent but hardly impressive sales.
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U.S. shoppers have kept a tight grip on their wallets this holiday season with indices on Tuesday showing sluggish sales in the second week of the  season.
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A surge in spending over the weekend may not have been enough to rescue Target, Sears Holdings and Macy's from the slowest holiday spending season in five years.
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Retailers made up significant ground in the final week before Christmas after a lackluster start to the holiday shopping season, according to experts who track holiday spending.
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Holiday shoppers were not spending as freely as expected, causing worry for many economists and investors.
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As holiday shopping reaches the homestretch, consumers who are far removed from Madison Avenue and Rodeo Drive say they are holding down their spending.
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Gift cards, one of the most popular holiday purchases, can lose value if not used quickly