The Union Recorder

Local News

December 31, 2012

Stores see a slight shift in holiday shopping this season


Holiday shoppers gave retailers a mild Christmas shopping season this year with only a slight increase in sales, according to national reports. American shoppers spent just under $750 on average on their holiday purchases this year, with a record percentage of shoppers buying online, according to new estimates from the National Retail Federation. The figure is up only slightly from the nearly $741 spent last year.  

In the days leading up to Christmas, U.S. retail sales only increased 0.7 percent. Shopping analysts blame the bad weather, low spirits following the aftermath of the Connecticut shootings and worries about the fiscal cliff for putting a damper on shopping for the 2012 holiday season. 

Consequently, because fewer people chose not to go out to shop, online retailers received the biggest shift in numbers. According to the NRF, online spending totaled almost $38.7 billion, up 16 percent from the same holiday shopping period from last year. 

The Georgia Credit Union Affiliates (GCUA) released new data on statewide holiday spending on Tuesday. According to the GCUA, 96.7 percent of Georgians spent the same or at least 0.4 percent more than they had spent on holiday purchases last year.

Additional money may also pour into stores from day-after Christmas sales. The day is typically filled with people returning gifts in exchange for something more suited to their tastes. A majority of customers in Belk opted for store credit as opposed to exchanging the unwanted items for another gift of equal value. 

This year’s slight rise in holiday spending is the smallest since 2008-2009 when holiday sales fell 1.8 percent after the financial meltdown, according to the NRF. 

Text Only
Local News
AP Video
Obama Chides House GOP for Pursuing Lawsuit New Bill Aims to Curb Sexual Assault on Campus Russia Counts Cost of New US, EU Sanctions 3Doodler Bring 3-D Printing to Your Hand Six PA Cops Indicted for Robbing Drug Dealers Britain Testing Driverless Cars on Roadways Raw: Thousands Flocking to German Crop Circle At Least 20 Chikungunya Cases in New Jersey Raw: Obama Eats Ribs in Kansas City In Virginia, the Rise of a New Space Coast Raw: Otters Enjoy Water Slides at Japan Zoo NCAA Settles Head-injury Suit, Will Change Rules Raw: Japanese Soldiers Storm Beach in Exercises Raw: Weapons Fire Hits UN School in Gaza Raw: Rocket Launches Into Space With Cargo Ship Broken Water Main Floods UCLA Two Women Narrowly Avoid Being Hit by Train Crayola Announces Family Attraction in Orlando
Twitter Updates
Follow us on twitter

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
NDN Video
Heartwarming 'Batkid Begins' Documentary is Tear-Jerker Sadie Doesn't Want Her Brother to Grow Up Chapter Two: Designing for Naomi Watts Broken Water Main Floods UCLA "Maxim" Hotness! See Jessica Alba's Sizzling Spread Two women barely avoid being hit by train Orlando Bloom and Justin Bieber Reportedly Came To Blows In Ibiza Meet the Man Behind Dumb Starbucks Chris Pratt Adorably Surprises Kids at a 'Guardians of the Galaxy' Screening NOW TRENDING: Peyton Manning dancing at practice "The Bachelorette" Makes Her Decision Thieves pick the wrong gas station to rob Golden Sisters on '50 Shades' trailer: 'Look At That Chest!' Staten Island Man's Emotional Dunk Over NYPD Car - @TheBuzzeronFOX GMA: Dog passes out from excitment to see owner Baseball Hall of Famers Inducted 'Hunger Games: Mockingjay Part 1' Sneak Peek Florida Keys Webcam Captures Turtles Hatching Morgan Freeman Sucks Down Helium on 'Tonight Show' Robin Wright Can Dance! (WATCH)