Retailers Are Disappointed With Weak Holiday Sales

NPR | Dec. 26, 2012 4:23 a.m. | Updated: Dec. 26, 2012 7:23 a.m.

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Holiday Sales rose by less than 1 percent from the year before, according to MasterCard's SpendingPulse unit. That's the slowest growth in spending since the 2008 recession. Even online sales — which posted double digit gains over the past few years — were lackluster this year.