NYS retailers give high marks to shopping season

January 3, 2012 Updated Jan 3, 2012 at 7:52 AM EDT

By WKBW News
By Business First

...
January 3, 2012 Updated Jan 3, 2012 at 7:52 AM EDT

As it turns out it was a rather merry Christmas shopping season for retailers across New York state.

The Retail Council of New York State awarded the season an "A-" letter grade in response to the strong sales finale.

The Albany-based trade group said Friday that 80 percent of retailers who were polled said their week-before-Christmas sales were better than or the same as their sales during the same week in 2010. And 65 percent of participating merchants said their after-Christmas sales to date have been better than or the same as their sales for the same time period in 2010.

"The average shopper had completed less than 50 percent of his gift buying by mid-December so we had a hunch retailers would have a robust week before Christmas," said Retail Council President and CEO James Sherin. "Couple this news with the start of Hanukkah on Dec. 20, extra shopping time with Christmas Eve falling on a Saturday and cold, but clear weather and you have the makings for great sales in the crucial days leading up to Christmas."

The results come from the Retail Council's annual "Holiday Sales Watch" snapshot of sales activity during holiday season.

To submit a comment on this article, your email address is required. We respect your privacy and your email will not be visible to others nor will it be added to any email lists.