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ICSC: Shopping-center sales will rise 2.2% in 2011
New York City -- Shopping-center sales in November and December are expected to increase 2.2% relative to the same period a year ago, according to the International Council of Shopping Centers. In 2010, the holiday season posted a 5% gain following two back-to-back declines during the 2007-09 recession.
The organization has forecast that U.S. holiday sales in 2011 will post a moderate 3% gain, down from 2.1% last year.
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RadioShack expands Nook in e-reader market
NEW YORK — RadioShack, which already offers the Amazon Kindle, has expanded its e-reader offerings with the addition of the Nook from Barnes & Noble. The company announced Wednesday that it will offer Barnes & Noble's Nook e-reading devices and related accessories to more than 3,000 RadioShack stores nationwide and online at radioshack.com, beginning Oct. 3.