With Christmas coming on a Sunday, most people feel they can procrastinate a little bit longer because they have until Saturday to finish up their holiday shopping.

As you can see, Christmas is spread out -- not just among December but among January as well. Promotions certainly helped to drive those sales and you can see what the consumer is looking for. It all depend on price.

It's certainly a boon to the luxury business. That exclusivity has made more people willing to pay full price for merchandise the moment they think they can get it, which has helped the bottom line.

We can no longer procrastinate.

Hard electronic retailers, like Best Buy, are seeing more of the tax refund dollars than specialty retailers.

That's disappointing. I think they [Penney] are having some category shifts going on with some of their merchants. They have been promoting but obviously their merchandise isn't appealing to the consumer these days.