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Snow and Saddam capture backdrop to brisk holiday shopping
Shoppers faced heavy snow in the Northeast as retailers counted on news of Saddam Hussein's capture to lift sentiment. Wal Mart reported December same store sales near the low end of 3 to 5 percent, with traffic down. Analysts cautioned that confidence may rise, but consumers remain frugal and likely to shop later in the season.
MENTIONED IN THIS ARTICLE
Saddam
Saddam Hussein
Wal-Mart Stores Inc
Hussein
Ellen Tolley
Washington
National Retail Federation
C. Britt Beemer
America’s Research Group
Charleston
S.C
Colleen Briggs
New York
Rockefeller Center
Briggs
Tampa
Fla