5 Reasons Holiday Sales Won't Bring Cheer

A lot of hay has been made lately about the return of the American consumer and the resurgence of retail. Yes, holiday sales got off to a bang as shoppers spent a record $52.4 billion across the Black Friday weekend -- up16.4% from 2010. Yes, Cyber Monday sales also blew the virtual doors off, if early projections of $1.2 billion hold true.