WUOMFM

tom scott

Steve Carmody / Michigan Radio

'Twas the weekend after Christmas, and all through the mall, shoppers armed with gift cards are expected to make a big haul. 

This is expected to be another big weekend for Michigan retailers.

Tom Scott with the Michigan Retailers says he expects many people will quickly transition from Friday’s Christmas celebration to making returns and cashing in gift cards Saturday and Sunday.   

He says for store owners, gift cards are more than just a stocking stuffer.

“(Gift cards have) changed the way we think about the holiday season,” says Scott. 

Steve Carmody / Michigan Radio

This holiday shopping season may turn out to be better than expected for Michigan retailers.

With temperatures approaching the 60’s, it may not feel like Christmas, but that’s apparently not stopping holiday shoppers.

Tom Scott, with the Michigan Retailers Association, says preliminary credit card data suggests holiday spending is up about 5% or more over last year, which is much higher than Michigan retailers were expecting.

Scott credits the weather, which has been much better than in recent years.

Steve Carmody / Michigan Radio

Two-thirds of Michigan retailers are expecting to see their sales increase this holiday season.

Tom Scott is with the Michigan Retailers Association.

He says on average retailers expect holiday sales will be up about 2% this year. 

(photo by Steve Carmody/Michigan Radio)

A new survey finds Michigan retailers are growing more optimistic that they will see their sales improve over the next three months.    

Tom Scott is with the Michigan Retailers Association.   He says the survey’s results are the most optimistic state retailers have been about the economy since the end of last year.

 "I think we’re scratching our heads a little bit over why there’s so much optimism out there…given the mixed economic news we’ve been getting. "