NEW YORK — The holiday season was a major bust for many general merchandise retailers, as consumers chose to spend the money they have been saving from lower gas prices to buy groceries or put away in savings, according to reports. The International Council of Shopping Centers here last week said sales at the nation's chain retailers during the week that ended Dec. 27 were down 1.8% compared with a year ago, capping what it said was the worst seasonal sales performance for retailers in ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.