Market news
28.12.2010, 14:05

US DATA: Redbook sales for Dec 25:

"The Christmas week was above target for most. Sales improved and traffic counts were up on days leading up to Christmas. Retailers said most the week's business was done on the 24th, the day immediately before Christmas. Shoppers flocked to stores for last minute shopping and took advantage of deep discounts. Retailers have now shifted their merchandising focus to post-Christmas clearance, especially at the more seasonal department stores. Retailers are hoping that consumers redeem their gift cards." - Year-over-year: Week (w/e 12/25/10 vs year-ago) 4.6% Year-over-year: Month (December 2010 vs December 2009) 3.6% Month-over-month: (December 2010 vs November 2010) 0.4%

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