Summary
As the nation's retail executives began poring over, and in some cases despairing over, sales receipts from the holiday weekend, one pattern became clearer: Consumers mobbed discount chains, with their $398 laptops and 5 a.m. openings, but largely shopped right past other specialty retailers at the mall.
The disparity, analysts said, could indicate a tough season ahead for clothing retailers like Gap and Aeropostale and even deeper discounts for shoppers as the chains scramble to build momentum in the crucial approach to Christmas.See the full content of this document
Extract
Holiday Buyers Skip Mall Shops
ShopperTrak, which measures purchases at 45,000 mall-based merchants, found that sales for the day after Thanksgiving fell 0.9 percent from last year, to $8.01 billion, a figure not adjusted fo...
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