Christmas Week Retail Sales Fall 4.1%
NEW YORK (
) -- Retail sales were down 4.1% during Christmas week as Dec. 26 fell on a Sunday and wasn't included in the week's sales.
Research firm
ShopperTrak
said that about $1 billion in sales that could have taken place on Dec. 26 and 27 were postponed due to the winter storm that caused many roads and airports in New York to shut down and created travel chaos throughout the Northeast.
>>Blizzard of 2010 in Pictures: Travel Delays
The firm said that U.S. foot traffic on the day after Christmas was down 11.2% from last year because of the storm.
Data also showed that Dec. 23 was the season's second biggest shopping day, coming in after Nov. 26, or Black Friday.
ShopperTrak still forecasts that sales for the November and December holiday period will be 4% higher than a year earlier, as shoppers who stayed home during the snowstorm will get out and shop more in the upcoming days.
--Written by Theresa McCabe in Boston.
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