Retailers Sweat as Shoppers Await Post-Christmas Deals | RetailNext
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Retailers Sweat as Shoppers Await Post-Christmas Deals


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Shiny Day

In-store analytics company RetailNext studied 450 stores nationwide and said traffic dropped by about 7 percent Friday and Saturday. “Early […]

In-store analytics company RetailNext studied 450 stores nationwide and said traffic dropped by about 7 percent Friday and Saturday. “Early indications show a miss on comparable sales in brick-and-mortar stores compared to last year,” the company said in a statement. RetailNext said shoppers who opened their wallets were spending more — sales were up between 3 percent and 4 percent, but whether that’s enough to make up for fewer shoppers remains to be seen. “I think people are willing to spend more this year; (I) think they just want to see lower prices,” Katz said. “It’s great for consumers and it stinks for companies.”

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