SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Zeev's Turnips - No Politics
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: orkrious who wrote (8306)11/27/2001 9:30:58 AM
From: orkrious   of 99280
 
Another useful tidbit from TSCM

According to the International Counsel of Shopping Centers, sales for the Thanksgiving weekend were down 1.5% vs. the same period of time last year. This is the first time in seven years there has been an actual decrease in sales. The ICSC survey covers 4,000 specialty retailers in 80 malls.

RCT Systems, which counts mall traffic, also reported some big drops. On Saturday, for example, traffic was down 6.8% in malls overall and down 11.6% in department stores. Bear Sterns reports that in New York City same store sales declined nearly 20%. There are also reports of heavy discounting at many department and specialty retailers.

It will be interesting to see how consumer confidence numbers look in view of what appears to be some cautious holiday buying.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News