Retailers Hit Post-Holiday Lull Despite Big Discounts

By | December 30, 2013

Scalper1 News

Retailers likely saw a nice bump in sales in the final days before Christmas, but they may have suffered a bit of a post-holiday lull last week, according to a preliminary read. Stores weren’t able to drum up post-holiday shopping activity you would have expected given their aggressive discounting, says Brian Sozzi, CEO of Belus Capital Advisors. Store checks after Christmas Day showed that promotions were “deep and widespread” in department Scalper1 News

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