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  • Survey: Retailers' weekly sales rise 4.8%

    New York City -- A survey released Tuesday by the International Council of Shopping Centers and Goldman Sachs found that chain-store sales for the week ended Dec. 25 rose 4.8% from the year-earlier period, the best performance since April 24.

    According to the survey, on a week-over-week basis, sales gained 1%.

  • Blizzard hurts retailers as post-Christmas shoppers stay home

    New York City -- Sunday’s east coast snowstorm disrupted sales throughout the entire area and disrupted one of the busiest shopping days of the year.

    Sections of New York and New Jersey got as much as two feet of snow over the past few days, keeping many shoppers at home. Spending may shift into January, Marshal Cohen, chief industry analyst at Port Washington, N.Y.-based NPD Group, told Bloomberg on Monday.

    “Look for sales to be repeated by retailers. They’re going to be more aggressive,” Cohen said.

  • Mastercard holiday wrap-up report: Holiday sales up 5.5%, strongest increase in five years

    Purchase, N.Y. -- A report released Tuesday by MasterCard Advisors said that increased spending in most categories produced a strong holiday season for retailers, with e-commerce and apparel faring the best. Retail sales from Nov. 5 through Dec. 24 rose 5.5% to $584.3 billion over the same period last year, according to MasterCard Advisors' SpendingPulse. The figures, which exclude auto sales, are ahead of industrywide projections for a 3.3% to 4% rise for the holiday selling season.

  • Online retail sales reach Christmas season record

    New York City -- A report released Monday by Advisor One said that while it’s still too early to know the final outcome of the Christmas shopping season, it’s already clear that it’s been a record season for online retail.

  • Coyote Management and Garrison Investment acquire Central Mall

    Salina, Kan. -- Addison, Texas-based Coyote Management, L.P. and Garrison Investment Group said they have acquired, through their affiliates, Central Mall, in Salina, Kan.

    The 486,444-sq.-ft. enclosed regional mall is anchored by Dillard’s, J.C. Penney and Sears, and also features a 10-screen Showplex Cinemas and key major tenants Jo-Ann Fabrics and Old Navy.

    The newly acquired property augments the existing 2.8 million sq. ft. currently owned by Coyote Management.

  • Online traffic surged in November

    As holiday promotions heated up in November and shoppers hit the Internet, there was a 44% surge in traffic to Walmart.com when compared with October, according to the online measurement firm comScore. The growth propelled Walmart to the 20th spot on comScore’ November ranking of the top 50 U.S. Web properties. The nearly 52 million unique visitors Walmart.com attracted in November 2010 was 5% more than in November 2009, according to comScore’s data.

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