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ICSC brings glad tidings to retailers
The International Council of Shopping Centers (ICSC) is forecasting a 3.4% sales increase for the traditional November-December holiday period from last year — which spells good news for retailers.
ICSC also anticipates that the other two measures of U.S. industry holiday sales — shopping-center inclined sales +3.4%, and chain-store sales +2.0 — will both increase over last year.
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Von Maur to open its first Alabama store
Davenport, Iowa -- Von Maur Department Stores will open its 29th store at Riverchase Galleria Mall in Hoover, Ala., on Nov. 2. Located just outside of Birmingham, Ala., the three-level, 185,000-sq.-ft. store will be the company's first location in Alabama and will become one of Von Maur's largest stores in the country.