business news in context, analysis with attitude

The National Retail Federation (NRF) is out with its year-end numbers, reporting that “retailers got the best Christmas present of all: a holiday season of gains, not losses. After a year that saw holiday sales decrease by 3.4 percent, retailers bounced back in 2009. According to the National Retail Federation, retail industry sales (which exclude automobiles, gas stations, and restaurants) for December rose 2.3 percent unadjusted year-over-year and fell 0.5 percent seasonally adjusted from November.

“As a result, preliminary 2009 holiday sales, which combine the full months of November and December, rose 1.1 percent to $446.8 billion, surpassing NRF's projected decline of 1.0 percent.”
KC's View:
You have to take your successes when and where you can get them, no matter how small they may happen to be.