In the last mad dash before Christmas, retailers will be pulling out all the stops to get cash registers jingling.Surveys vary on how much merriment merchants can expect. Polls say 40 to 80 percent of consumers will buy gifts the week before Christmas.
Another study says most shoppers already have spent all the money they can afford, starting with Black Friday bargains. Last week, the National Retail Federation upped its expectations for holiday sales, predicting spending will rise 3.8 percent to a record $469.1 billion. The Washington D.C.based trade group had forecast a modest 2.8 percent increase. http://on.cpsj.com/uwUzOb
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