Shoppers Flock For Post-Christmas Shopping 12-27-2010 - WNEM TV 5

Shoppers Flock For Post-Christmas Shopping 12-27-2010

Hundreds if not thousands of shoppers took to Mid-Michigan shopping malls Monday, hunting for deals.
WNEM TV5’s Craig McMorris reported seeing long lines at numerous stores, including Target in Saginaw County’s Kochville Township.
The National Retail Federation predicts spending this holiday season will reach $451.5 billion, up 3.3 percent over last year.
The holiday season runs from Nov. 1 through Dec. 31 and according to the International Council of Shopping Centers and Goldman Sachs, nearly half of those consumers plan to shop sometime between Christmas and New Year’s Day.
This trend is already starting to show locally.
“We’ve seen a lot of guest traffic coming into the store,” said George Styka, a local Target manager. “As a result, we’ve been seeing heavy traffic and toys and electronics."
The final six days of the holiday shopping season began Sunday and will run through next Friday. Although they're only 10 percent of the 61 holiday shopping days, they can account for more than 15 percent of spending.
Many stores are offering blanket discounts of up to 50 percent, but deals across the county aren’t as eye-popping as they were two years ago, when retailers slashed up to 90 percent.
Spending numbers through Dec. 24 won't be available until next week and final numbers, through Dec. 31, arrive next month.
Most stores will continue their post-Christmas sales through New Year's Day.
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