ShopperTrak cuts holiday sales forecast - Los Angeles News | FOX 11 LA KTTV

ShopperTrak cuts holiday sales forecast

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CHICAGO (FOX 32 News) -

ShopperTrak is cutting its holiday sales forecast. This comes as shopping slows down after the Thanksgiving weekend frenzy.

The company now expects sales to be up 2.5 percent, from its previous forecast of 3.3 percent.

ShopperTrak cites Super-storm Sandy and heavily discounted merchandise for the lower forecast.

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