Lackluster Retail Sales Bring Little Holiday Cheer

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The numbers are in and retail sales this holiday season have increased a lackluster 2.4%, falling short of industry forecasts.  Shoppers aggressively pursued deep discounts, leading to a last minute surge in spending that saved the industry from negative results. Kris Hudson of the Wall Street Journal says that electronics and e-commerce saved the day.

Credits

Guest:
Kris Hudson - Staff Reporter, Wall Street Journal

Host:
Lawrence O'Donnell

Producers:
Sonya Geis, Karen Radziner