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ICSC: Holiday sales to rise 3.4%
New York -- Holiday sales will rise 3.4% sales increase, slightly stronger than last year, for the traditional November-December holiday period, even though retailers are expecting a more modest spending season, according to the International Council of Shopping Centers.
Additionally, ICSC anticipates that the other two measures of U.S. industry holiday sales will both increase over last year.
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Is Walmart a leader or follower?
First it was sustainability, then came hunger and the affordability of quality food, women’s economic empowerment and now support of U.S. manufacturing. Walmart contends it has a responsibility to lead in these areas and others, but whether it is truly doing so is the subject of some debate.