First holiday shopping report shows disappointing sales

591 views · Published 27 December 2013 · 2:20 · Indexed 10 November 2026

Channel: CBS Evening News · 2013 · News & Politics

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The first indication of how much Americans spent on holiday shopping shows lower-than-expected figures. According to MasterCard SpendingPulse, retail shopping was up 2.3 percent, less than the 3.9 percent the National Retail Federation projected. Now, stores are racing to clear inventory. Terrell Brown reports.

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