Store owners give holiday shopping season a "B"

Posted at: 12/29/2012 2:39 PM
By: Cadence Acquaviva

ALBANY, N.Y. (AP) - A trade group representing thousands of retailers across New York state says store owners are giving the holiday shopping season a "B'' grade.

The Retail Council of New York State says 58 percent of retailers surveyed by the organization said their week-before-Christmas sales were better than or the same as their sales for the same week in 2011.

Sales during the two days after Christmas were hampered by a storm that dumped more than a foot of snow on some upstate areas, but retailers are hopeful that gift card redemptions will give stores a boost this weekend.

Twenty-nine percent of retailers say the fiscal cliff debate in Washington impacted their holiday sales, followed by 19 citing Superstorm Sandy and another 18 percent mentioning the Connecticut school massacre.

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