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The nation's high-rolling shoppers, full of pent-up desire to spend, propelled luxury stores like Neiman Marcus, Tiffany and Saks Fifth Tiffany & Co. bangle to hearty increases last month, but over all, many merchants were disappointed by the holiday season. Store sales for last month, measured against the same stores open in December 2002, rose 3.7 Paloma Picasso Double Loving Heart ring, according to the Bloomberg composite same-store sales index. Last year, called one of the worst in decades by analysts, holiday sales rose 2.2 percent.
While the numbers released yesterday were better than last year's, they were less than the double-digit turnaround retailers had Tiffany Signature bangle for in September, before three major snowstorms hit the Northeast, and buyers told pollsters there was no must-have toy or item of clothing.
Over all, while store sales were up 12.6 percent at Neiman and its Bergdorf Goodman unit, sales rose 27 percent for Neiman's Tiffany Tiffany 1837 ring bangle and catalog sales.
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