
WASHINGTON, Dec. 19 (UPI) -- U.S. retail sales jumped in the week that ended Saturday after three weeks of declines, a Washington retail trade group said.
Sales receipts rose 4.3 percent week to week and 3.5 percent from the same week of 2011, the International Council of Shopping Centers-Goldman Sachs weekly consumer tracking survey indicated.
The trade group said the week "launched the second wave of the 2012 holiday-shopping season."
Gains were posted by department stores, discount outlets and dollar stores. Internet sales were also "strong," ICSC said.
An annual survey taken in November and December also revealed 64.9 percent of respondents indicated they had not completed their holiday gift buying.
While an increase from 51 percent in the previous week, during the same week of 2011, 70.3 percent of shoppers surveyed indicated they still had gifts to buy.
|
|
|
|
|
|
| Additional Business News Stories | |
TEL AVIV, Israel, May 17 (UPI) --
Nobel Energy of Houston, which discovered Israel's big gas fields in the eastern Mediterranean, is pressing the government to decide soon on an energy export policy as the prospect of an undersea pipeline to Turkey gains credibility.
|
TEL AVIV, Israel, May 17 (UPI) --
mid growing concerns about security threats from Syria and Iran, Israeli Prime Minister Binyamin Netanyahu has greatly reduced planned defense budget cuts.
|
Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
|
Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
|
| Stories | Photos | Comments |
View Caption