The holiday shopping season kicked off with a bang but wrapped up with a whimper, leaving retailers with eggnog on their faces. A strong start over the Thanksgiving holiday weekend failed to gain any kind of traction through December.
While it may be two weeks before we get a clearer picture of December retail sales, some chains are already reporting a blue, blue Christmas.
Federated Department Stores
While the lackluster selling season may not leave much of a mark on the discounters, it's going to get ugly for mainstream, full-price retailers like Nordstrom
In one of the most bizarre footnotes of this guarded selling season, Amazon
If anything, online retailers appear to be the antidote to the lackluster showing of their offline peers. Last week, Overstock.com