Holiday sales rose only 07 through Dec 24 according to one report

Holiday sales rose only 0.7% through Dec. 24, according to one report.

Year-End Sales Seen Uneven

“Costco continues to gain share as evidenced by the strong traffic trends.” — Karen Short, analyst, BMO Capital Markets

NEW YORK — Fears of the so-called “fiscal cliff” and other factors, including Hurricane Sandy, may have tempered retail sales growth this past holiday season.

The International Council of Shopping Centers here last week said in-store sales did appear to accelerate late in the season, however, despite a slump in the first few weeks after Thanksgiving. The ICSC-Goldman Sachs chain store sales index projected that the group’s previous forecast of 3% growth for

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