Top shopping center owner names new VP of acquisitionsAaron Wu has taken over as head of acquisitions at DLC Management which, with some 70 centers from Maine to Florida and west to Texas, is one of the nation’s biggest owners of outdoor centers. Mattress Firm files for IPOMattress Firm wants to return to the public markets. Omicron unlikely to bring shutdowns, says NRF economist The main economic impact of the COVID-19 omicron variant is likely to be on inflation. Spending on social media platforms set to explode Digital spending will shift to social media during the next three years, fueled largely by two groups of consumers. Consumer confidence improves again in December Consumer confidence edged up in December as concerns about inflation subsided after hitting a 13-year high in November. In-store Super Saturday traffic up 19.4% year-over-year; down from 2019 Store traffic on one of the busiest days of the holiday shopping season improved compared to last year but still has a way to go to get back to the pre-pandemic year of 2019. Forrester: Online holiday sales will near $200 billion in 2021 Forrester projects cooling, but still notable, growth in U.S. online sales for the 2021 holiday season. Study: Number of retailers deemed ‘not stable’ in big year-over-year drop The financial and operational stability of U.S. retailers is continuing to improve from the height of the pandemic in 2020. Consumer sentiment rebounds in early December; inflation biggest concern Inflation is far and away consumers’ primary worry regarding the economy. Adobe: Apparel drives record year-over-year online inflation growth While holiday discounts brought online prices down in November 2021 from the previous month, growth from the previous year hit new heights. First Previous 52 53 54 55 56 Next Last
