Retailers are hoping that shoppers who held back on pre-Christmas spending will start to make up for that today.
According to MasterCard Advisors SpendingPulse, the final week of December accounts for about 15 percent of the sales during the month.
The analysts there say sales of electronics, clothing, jewelry and home goods in the two months before Christmas increased just 0.7 percent from last year. That's well below the 3 or 4 percent growth that analysts had expected.
It's the worst year-over-year performance since 2008.
To comment, the following rules must be followed:
Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.
Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Questions may be sent to firstname.lastname@example.org. Please provide detailed information.