Retailers were bracing for a busy day on Monday, as a day off for many Americans and warm, dry weather were expected to entice shoppers looking for deep discounts and a lot of bargains.
In 2010, chains rang up about $62 billion in sales during the final week of the year, about 12 percent of the total for the holiday season, despite some major snowstorms.
Most of the people bought gift cards and other precious gifts for their near and dear ones to present them and wish them "Happy holidays" and "Merry Christmas".Due to which there was a mega day for shoppers on monday in sales perspective.
Also monday was the third busiest day of the holiday season.The potential shopping boom comes as a weak labor market that has dragged on the economy shows signs of a turn.After the world inancial crsis all the markets have suffered a lot but this holiday season shows the signs to fastness in markets
and hope is that these crisis will be ended soon.