Jan 10, 2013|
Boston Globe's Jenn Abelson on Holiday Sales
Transcript - Not for consumer use. Robot overlords only. Will not be accurate.
What we are now joined by Jan able -- of the Boston Globe coming -- with us and -- how are you this morning. And doing pretty well here so. Looking at retail sales in Massachusetts for the month of December obviously it's it's traditionally a big month a lot of folks doing their Christmas shopping. But how did they actually look for the last month of 2012 this year. And a lot of debate at blacked. Out in their immigrant at -- current. -- book. A little bit. And their -- where at. That. There's a lot of credit below expectation because the nation -- -- -- protected. -- -- And what when you look at this obviously it's disappointing for a number of those retailers but. Were there any specific factors that did end up contributing. Through those disappointing sales. Sure there were numbered actors. You know and created. Question that. All of and actually get that the cook a conch -- country eat dirt track that shoppers. Are very. Critical time. We're -- about taxes -- -- about in the nation job. Another -- that couple. Warmer weather. What it out but it did in our -- there. They counted it. Bail out -- out at airport B dollars. Bought out. In general. About. Was that -- year. Online competition. You know. Rival online and a lot of -- a bit. Martin. Sheen and -- huge migration -- -- online while. And also that this was a year -- Thanksgiving did fall a week earlier than it typically does so is this a case where with all that extra time for folks to be out doing their their holiday shopping is this. Remember they were -- at -- on the planet out people. On. Well actually it was. A pretty big difference about lie. -- expectation. I but the fact I had. Standard and -- -- and it was national lightly -- -- -- And according to a shopper track yesterday. No -- that two point 76% how does that compare to previous sales growth over previous years. Still. Eat out that. At about the -- A pretty well you're out there by. -- At that. I'd. Hire. Her at the car. -- -- -- -- -- -- Pretty much in last three years it's an increased -- but it. On. Each year. And now having gotten through that big fiscal -- debate obviously they're still are some issues outstanding but. Do retailers expect to see sales pick up a little bit. Over the first half of this year possibly some of that consumer spending that didn't happen in the second half last you're starting to get used in the next couple months. Not so much. That there -- a lot of discussion. At. -- -- Well anyway -- ought to tell her a urged. An app I think. That are packed. I. Not past. Truck stop at he had that -- -- they'll be -- this year. That are. -- -- I. I could be. It's unclear here that we are at each and chat and that they're active and other she. Wrote are all about. The third and fourth quarters which is great -- All right we'll Jenna appreciate it coming -- with us this morning and certainly want to keep an eye out over the next couple months to see how others retail sales -- coming off a slightly disappointing. Holiday season. All right that was -- able soon from the Boston Globe talking about retail sales in Massachusetts. Over the months of November and December.