CIT Survey: High Hopes for Holiday Sales
November 22, 2011,
NEW YORK-Eighty percent of retail executives said they expect their holiday sales to either increase or remain the same as last year, according to CIT's third annual Retail Finance Outlook.
The survey also queried the executives about their predictions for the more notable shopping days of the season. More than one-fourth of the participants expect Black Friday sales to increase this year, more than one-fourth have the same expectation for Cyber Monday sales and nearly one-fourth expect sales on Super Saturday (Dec. 24) to be up over last year.
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