Jingle bells ‘n tinsel

The Star Early Edition - - OPINION & ANALYSIS -

A woman pushes a shop­ping cart past Christ­mas dec­o­ra­tions dis­played for sale at a Wal­mart store ahead of Black Fri­day in Los An­ge­les, Cal­i­for­nia, this week. An es­ti­mated 140 mil­lion US shop­pers will hit stores and the web this week­end in search of post-Thanks­giv­ing dis­counts, kick­ing off what re­tail­ers pre­dict will be the best hol­i­day sea­son in three years. While the num­ber of cus­tomers chas­ing deals over the week­end is pro­jected to be roughly the same as last year, they are likely to spend more on gifts this time around. The Na­tional Re­tail Fed­er­a­tion is fore­cast­ing a 4.1 per­cent gain in re­tail sales in Novem­ber and De­cem­ber, the big­gest in­crease since the in­dus­try grew 4.8 per­cent in 2011.

PHOTO: BLOOMBERG

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