Redbook: December sales shy
January 4, 2006,
NEW YORK – In a limp and disappointing finish to the all-important Christmas selling season, when many retailers aim to record the lion’s share of a year’s profits, same-store retail sales inched up just 2.6 percent during the fifth and final week of December, making the month a disheartening one, the Johnson Redbook Index reported.
Looking ahead to the start of 2006, Levis said, “Our preliminary target for the Johnson Redbook Index in January is 2.6 percent year-over-year growth, which would result in flat month-to-month growth against December.”
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