(NEW YORK) — It will almost certainly take several weeks for the retail industry to know if they can celebrate a rise in holiday sales. But ShopperTrak, a firm that analyzes customer traffic, is out with its estimates.
The Chicago-based company says stores had a strong 8.2 percent rise in foot traffic over the four-day Thanksgiving weekend compared to last year.
Total sales, meanwhile, increased only 2.7 percent from 2011, with shoppers spending about $22 million between Thursday and Sunday.
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Matt McFarland, CNN
Paul Menser, BizMojo Idaho
Susan Scutti, CNN