Holiday Retail Outlook: Traditional Bargain-Hunting, Rising Mobile App Use Expected to Help Boost Sales Both Online and in Stores

Credit: Simon Property Group With an extra shopping weekend on the calendar and consumer confidence standing at a 17-year high, nearly all retail analysts are anticipating very solid 2017 holiday shopping results for both online and brick-and-mortar retailers. Forecasts range from a 3.8% increase in holiday retail sales from 2016 by the International Council of Shopping Centers (ICSC) to a 6% surge projected by PricewaterhouseCoopers, according…
National Commercial Real Estate News From CoStar Group

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