Is Holiday Season Headed Toward A Retail Bonanza?

by MR Magazine Staff

After a subdued Black Friday performance at brick-and-mortar stores dampened the retail fervor, the markets turned buoyant again on positive sales data for November that indicates sufficient momentum in the economy. After all, the holiday season is not over yet and Christmas is right around the corner. Retail sales were up a modest 0.2% in November, following a 0.1% rise in October, representing the largest increase since July. So retailers should be on their toes, with promotional events, free shipping on online purchases and heavy discounts, to tap the willingness of consumers to spend more. Read more at Nasdaq.