The NRF says its prediction of 3.6% holiday sales growth will hold up, given a good economy and pent-up demand. See what else transpired at season’s end, as retailers pulled out all the stops to bring in the procrastinators.
The competition in price played a major role in the declining 2013 holiday sales results at Best Buy, according to a statement released by the electronics retailer. In the nine week holiday period that ended on Jan. 4, Best Buy reported $11.45 million in revenue, down slightly from the 2012 holiday season of $11.75 million.
The Barnes & Noble retail segment, which includes traditional brick-and-mortar stores and BN.com, released its 2013 holiday sales results which show a 6.6% decline compared to last year.