The Conservative Cave
Current Events => Economics => Topic started by: Ptarmigan on December 24, 2013, 02:20:11 PM
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As the clock ticks, retail traffic continues slide
http://www.cnbc.com/id/101293199
Brick-and-mortar retailers saw no signs of relief last week, as store traffic in the final week before Christmas posted the third straight week of double-digit declines, according to the most recent report from ShopperTrak.
According to the analytics firm, traffic for the week ended Dec. 22—which included the crucial final weekend before Christmas—was down 21.2 percent year over year. The first two weeks of December saw double-digit decreases, which trailed a 4 percent decline over Black Friday weekend, it said.
In-store sales fell 3.1 percent from the same week in 2012, ShopperTrak added.
More people are buying online. I suspect this season is not as good.
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It's the owebumeconomy.