Retail spending up for New Years - KPLC 7 News, Lake Charles, Louisiana

Retail spending up for New Years

By Brandon Richards- bio | email

LAKE CHARLES, LA (KPLC-TV) – By most accounts, it's been a decent holiday season for the nation's retailers.

According to the National Retail Federation, Christmas spending was up 3.3% this year and it appears shoppers were also eager to spend on New Years Eve celebrations.

At Party City in Lake Charles, New Years Eve shoppers like Johnathan Walker knew how they were going to celebrate the new year.

"Have a little drink and hang out with a couple of friends," said Walker. "Not only is it New Years for me, it's my birthday so it's really a new year."

Party City manager Louis Michaels said sales of New Years-related items are up this year compared to last year.

"We're experiencing some really high traffic," said Michaels. "Aside from Halloween, it's our strongest selling season. We've actually sold out on most of our New Years [items] already."

Party supply retailers weren't the only ones reporting an increase in sales for New Years; hotels, restaurants and liquor stores also report similar increases.

Copyright 2010 KPLC. All rights reserved.

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