Retail Shopping Up, Web Sales Up from Last Year
by Sammy Edmonds
posted Jan 2 2014 11:25AM
CBS news reports retail shopping was up 2-point-3 percent this holiday season after punching numbers from MasterCard SpendingPulse. However that figure is lower than projected by the National Retail Federation. Now retailers are cutting prices even more to clear inventory. Web sales were up more than 10-percent from last year and more people did their holiday shopping from their smart phones.