Deprecated: mysql_connect(): The mysql extension is deprecated and will be removed in the future: use mysqli or PDO instead in /home/toddschauscpa/public_html/dbconnect/connect.php on line 2
Todd Schaus CPA-Tax, Consulting, & Accounting Services


Call Us at: 714-788-3453


Todd Schaus consistently provides the highest level of service. His attention to detail is complimented by his thorough ...more 
Sean Kane
 
Services for Individuals
HOW MAY I HELP?

Holiday sales rise, but less than hoped

The 2010 holiday retail season may be the best since 2006, but December sales, out Thursday, were not quite the gift stores were hoping for.

The International Council of Shopping Centers says sales for the holiday season — November and December combined — were up 3.8%, the best showing in four years. December sales increased 3.1%, says ICSC.

Some stores' sales last month were marred by the late-December East Coast blizzard, but especially strong November sales helped carry the season. Department store chain Bon-Ton, for example, blamed the snowstorm for its flat sales.

 

Many stores' performance looked impressive at first glance. But numbers were compared with a dismal 2009 and were often below analysts' expectations, which was the case for Macy's and Costco.

"It's clear that November's great in-store deals robbed spending from December," said economist Frank Badillo at consulting firm Kantar Retail.

Top 5 Questions to ask when hiring a CPA FREE REPORT

Name:
Email:  
   
LATEST NEWS
Message from senators: Tone it down
Romney travels to Middle East
A few hours organizing reaps rewards in future
Holiday sales rise, but less than hoped
With more money, more problems? Managing a windfall
 
Home  |  About Our Firm  |  Services  |  Resources  |  Client Information  |  Client Reviews  |  Contact Us  |  Sitemap
Copyright 2010 Todd Schaus CPA. All rights reserved.