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Economy Watch - ICSC Predicts Slightly Improved Holiday Season for Retailers PDF Print E-mail
Wednesday, 30 September 2009 08:23
The International Council of Shopping Centers expects holiday sales among U.S. retailers to rise 1 percent this year compared with last year, when retail sales fell off a cliff (down 5.8 percent compared with the pre-recession holiday season of 2007). It's a slightly more optimistic forecast than some other organizations that track retail activity, such as the flat 2009 holiday sales predicted by Retail Forward, as previously reported by CPE.




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