Jan. 18, 2012
BOSTON — Massachusetts retailers say they enjoyed an unexpected 5.1 percent surge in 2011 holiday sales, about twice what was expected.
Some critics said upticks in holiday spending might be due, in part, to overuse of credit-card debt. Jon Hurst, president of the Retailers Association of Massachusetts and the author of the study, denied that.
The uptick, he said, seemed to be across the retail board, with no one sector performing better than others. The Association’s survey of Bay State retailers did not include chains or big box companies.