The International Council of Shopping Centers and Goldman Sachs report sales for the week ending December 24th increased nearly one percent from the previous week.
Analysts say big chains like Macy's and Toys "R" Us benefited from extended hours with Christmas Eve falling on a Saturday.
Still, industry experts caution that all of the discounts offered to help move merchandise could also squeeze profit margins.
(Copyright 2011 by VERTEXNews/Newsroom Solutions)
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