Retailers Hope For Brisk Post-Holiday Business
Posted December 26, 2005
CARY, N.C. — It's going to be a busy day at the malls. And you can expect long lines at the return desk. While Santa's finished his shopping list, many customers aren't done yet.
Last year, the day after Christmas brought in a second wave of holiday shoppers ready to bag even bigger bargains. In fact, the week after Christmas can account for 20 percent of holiday sales. And retailers are banking on it after a sleepy pre-holiday season.
"Steady, but not extremely busy," said one local retailer.
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The official numbers won't be out until early January and the National Retail Federation is still expecting total sales to be 5 percent higher this year than last.
"We expect to do awesome business," said the retailer. "We expect to do good business."
And starting Monday, retailers hope to see large numbers of sale-seekers walking side-by-side with those racing for returns.