The 2012 holiday season may have been the worst for retailers since the financial crisis, with sales growth far below expectations, forcing many to offer massive post-Christmas discounts in hopes of shedding excess inventory.
Barnes & Noble reported strong preliminary holiday results at its superstores, led by the popularity of its Nook e-readers, and shares rose more than 5 per cent.
The top US bookseller said that same-store sales, or sales at its superst
Retailers' sales fell as much as 4 percent during the holiday season, as the weak economy and bad weather created one of the worst holiday shopping climates in modern times, according to data released by SpendingPulse.
The figures, from th