By and  on September 12, 2012

Rising gas prices and fear of the fiscal cliff aren’t expected to make a substantial dent in holiday sales — or holiday hiring — this year.


In the first of a series of projections from various industry groups, ShopperTrak, the Chicago-based firm that measures traffic and transactions in more than 50,000 retail locations worldwide, said it expects U.S. sales for the critical November-to-December period to rise 3.3 percent over 2011 levels, with apparel and accessories sales rising a more robust 4 percent. Foot traffic is expected to grow 2.8 percent overall and 3.5 percent in the apparel sector.

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