Shoppers came out in droves on the last weekend before Christmas, tackling their gift lists and driving traffic up at malls across the country.
Weather caused no major problems a week after an intense snowstorm blanketed the Midwest and caused many malls to close early. Discounts, though not as steep as last year, were rampant. And shoppers responded to them.
The Mall of America in Bloomington, Minn., the nation's largest mall, as well as mall operators Jones Lang LaSalle and Taubman Centers all reported higher mall trafic.
The Saturday before Christmas is known as "Super Saturday," among retailers, and it's one of the busiest shopping days of the year. Research firm ShopperTrak expects it will be the third-busiest this year.
Read More
http://www.businessweek.com/ap/financialnews/D9K76LHO3.htm
No comments:
Post a Comment