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Following Holiday Boom, Are Retail Sales Headed for a Bust?

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New York—While consumers continued their holiday shopping sprees last week following Christmas Day, several surveys indicate a pullback in spending may be setting in. The International Council of Shopping Centers (ISCS), which has been tracking sales at 24 major retailers throughout the holiday season, reported today that its ISCS/Goldman Sachs …

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Back to School Study: Fewer Shoppers but More Spending

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Chicago—As the back-to-school season begins–the second most active retail season behind Christmas–ShopperTrak predicted Tuesday that it expects total. U.S. foot traffic to decline in August, but retail sales may still increase. While ShopperTrak predicts back-to-school traffic levels should decline 1.4% this year, the company says back-to-school performance will most likely …