Other strong categories, according to Mr. Blischok, included
electronics, hand tools, video games, bedding, "affordable fashion"
and toys. His top retailer winners include Macy's, Best Buy,
Target, Amazon.com and
Walmart. But the deals were
so good, Mr. Blischok predicted, "Retailers are going to struggle
this year to show year-over-year increases in [profit]
margins."
Gift cards
During the week between Christmas and New Year's, gift cards drove
spending. According to the International Council of Shopping
Centers and Goldman Sachs' consumer tracking survey, average share
of total holiday spending in the form of gift cards rose to a
record of 23.7%.
"It means that the 'extended season' -- the weeks after
Christmas into January -- will play an important role in the final
tally of the season's performance," said Michael Niemira,
VP-research at the ICSC, in a statement. The ICSC said sales for
the week ended Dec. 28 rose 1%, with a year-over-year growth of 3%,
the highest weekly increase in all of December.
As for shoppers in stores, retail analytics firm Euclid said
traffic in December rose 8.6% year-over- year, driven by
promotions. After Christmas, traffic was "robust," the firm said,
"as shoppers looked to take advantage of even more attractive
inventory-driven discounts." San Francisco-based Euclid measured
data on 25 million domestic shopping sessions in December.
Mobile, online post big gains
"In the face of challenges including unfavorable weather and a
shortened shopping season, the retailers that fared the best this
holiday were the ones that invested in their omni-channel
capabilities to win the competition for consumers' attention,"
Euclid said.