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Holiday Season U.s. Store Sales Down Eight Percent In 2014 - Retailnext - Yahoo Finance

The Saturday before Christmas, nicknamed "Super Saturday" in the retail industry, failed to make up for spotty earlier performance. But deeper discounts, plummeting gas prices and a long weekend after Christmas sparked a jump in spending in the final stretch of December, Kohan said. A Reuters/Ipsos poll found an increase in the percentage of consumers willing to spend their savings at the pump in the last week of December when the average price per gallon fell to near or below $2 a gallon in several states. The National Retail Federation (NRF), the leading industry trade body, has forecast a 4.1 percent rise in holiday sales this year, including online and store sales. The NRF is hoping to meet its expectations amid falling gasoline prices, lower U.S. unemployment and consumer spending that showed signs of a revival in late December.
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JCPenney's holiday sales send stock surging - Yahoo News

JCPenney did not become awesome merchants. If you go to the store, youre not dazzled. Theyre still JCPenney. We know who they are and 3.7% for them is great. JCPenney CEO Mike Ullman says hes proud of the results and believes the company will continue to grow. Macke isnt quite sold on where the department store is heading.
For the original version including any supplementary images or video, visit http://news.yahoo.com/jcpenney-s-big-holiday-sales-send-stock-surging-163451851.html

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