American Express analyst says numbers are better than expected, but still bad

Topics | Business & Industry |
December 26, 2001
Annie Feidt - Reporter
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Shoppers crowded malls today to exchange gifts or look for bargains. The main parking lot at Rosedale Shopping Center was full by 10 o'clock this morning. Retailers are counting on a post Christmas rush to make up for disappointing holiday shopping figures. Steven Roorda (ROAR-dah) is a Senior Equity Analyst with American Express Financial Advisors in Minneapolis. He says overall sales this season are off about four percent from last year:

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