Retail sales grew 2.1% in the week ended December 1, compared to the same week last year, but were off 0.3% compared to the first week of November, according to the weekly retail sales report released by Johnson Redbook Tuesday.
"Retailers described the week as a lull that began the weekend after a hectic, for some, post-Thanksgiving surge, but noted that the pause was typical of the first week of December and would likely be followed by an equally predictable steady buildup towards Hanukkah and Christmas," the report noted.
