682 Billion News Today

♪ >> ed: the president tweeted today that the stock market is poised for another big run in 2018. that came as retailers saw a big boost in sales over the holidays. correspondent anita vogel takes a close look. >> whether online or actually waiting in the line, there is no question shopping was back in vogue this holiday season. >> i just felt more excited about shopping. i usually dont go out and shop. >> no, never. i usually dont go out and shop at this year i just felt more positive. >> i l...

♪ >> ed: the president tweeted today that the stock market is poised for another big run in 2018. that came as retailers saw a big boost in sales over the holidays. correspondent anita vogel takes a close look. >> whether online or actually waiting in the line, there is no question shopping was back in vogue this holiday season. >> i just felt more excited about shopping. i usually dont go out and shop. >> no, never. i usually dont go out and shop at this year i just felt more positive. >> i l...

>> how much more to people spend a night in previous years? >> both for online shopping and in-store purchases, quite a bit more than before. take a look at these numbers. according to the national retail federation, seven years ago, sales were 520 billion. in 2017 the estimate for this holiday season is 682 billion. spokesperson for mastercard said, overall, this was a big win for retail this year. a lot of the booze coming from online shopping. >> amazon, all the way. 100%. it is easy, conveni...

Locations this year, some of them like macys are offering even bigger sales this week. >> jon: we are seen at record sales, even over last year. pretty good. >> definitely, we are. people spend a lot more money than in previous years. take a look at the start. according to the national retail federation, seven years ago, sales were at 520 billion. 2017, the estimates, 682 billion. a spokesperson from master carson, overall, this was a big win for retail this year. even though people say, they sh...

Sales were at $528 billion. in 2017, the estimate for this holiday season, $682 billion. a spokesperson for mastercard said, overall, this year it was a big win for retailers, and jon, it is not over yet. the bargain shoppers are the ones who will be out and hitting the sales all the way to the end of the year. >> jon: some more cash registers to come. anita vogel from los angeles. thank you. >> new york city empire state building showing off festive display on christmas day with a red and green...

Of the spenders are in where they back? >> the truth is, retail spending has been strong ever since black friday, since last month and the cash registers have just continued to ring all the way up through christmas day. some of the major credit card companies saying that many retailers benefited this year have christmas day following a monday giving shoppers at full weekend open up their wallets for those last-minute buys. experts at high consumer confidence and a robust job market boosted u.s. ...

For retailers. according to experts, there were three key things. number one, good shopping weather, low and unemployment, and consumer confidence paired bike at the ball rolling, varies good showing over black friday. according to the national retail federation, seven years ago, sales were a $520 billion. in 2017, the estimate for this holiday season, 682 billion. a spokesperson for nasa said, overall, this was a big win for retail this year. a lot of the boost coming from online shopping. big ...

Another big retail sales period. the holiday gift returns hes in. sellers are hoping for a continuation of the big numbers they have been seeing since last month. correspondent anita vogel takes a look. >> whether online or actually waiting in a line, theres no question shopping was back in vogue this season. >> i am more excited about shopping. >> i usually dont go out and shop at this year i felt more positive. >> i like stores. i always prefer buying in stores. i see it and touch it and feel ...

Season. i think their worries will continue to 2018. >> as the season progressed, did you change your expectation, your prediction for the strength of holiday sales because the national retail federation did not? theyre still looking for that 4%, $682 billion spent. >> we were seeing an upward trajectory of how people were spending over the course of the last couple of months. so stamps same-store sales were rise for retailers across board minus a couple that were having some foreclosures, et ce...

Black friday rush. retailers are counting on the holiday season after a rough 202 2017. more than 6500 stores have closed. and the national retail federation predicts that holiday sales could total about $682 billion. thats up 4% from last year. thats good news. >> whoo. >> well see you back here at 10:00. thats also good news. >> for "cnn newsroom," of course. "smerconish" is coming up after a short break. i just got my cashback match, is this for real? yep. we match all the cash back new cardm...