2005 holiday retail spending to grow 8.7% over 2004

Last-minute shopping provided Christmas boost to push overall holiday retail spending 8.7% above 2004 levels, SpendingPulse said.

Last-minute shopping provided Christmas boost to push overall holiday retail spending 8.7% above 2004 levels, SpendingPulse said. The National Retail Federation had predicted a 6% rise in overall holiday spending.