Sponsors
Billabong ▲ +0.015 | PPR ▼ 0.00 | American Apparel ▼ -0.020 | The Buckle ▲ +0.55 | Columbia ▲ +0.09 | Deckers Outdoor ▲ +1.29 | Dicks ▲ +0.96 | Foot Locker ▲ +0.90 | Genesco ▲ +0.90 | Iconix Brand Group ▲ +0.85 | Jarden Corp ▲ +0.70 | Nordstrom ▲ +1.08 | Luxottica ▲ +0.07 | Nike ▲ +1.72 | Pacific Sunwear ▼ -0.06 | Skullcandy ▲ +0.08 | Sport Chalet - 0 | Urban Outfitters ▲ +0.57 | VF Corp ▲ +0.20 | Quiksilver ▼ -0.01 | Zumiez ▲ +0.15 | Macys ▲ +0.86 | Tillys ▼ -0.01 |
Readers Say
I require all our executives to read it
I require all our executives to read it

There is no better publication that I am aware of that is so accurate and on top of any news and developments in our industry. I personally recommend it to many people that want to know and understand more about our industry. For the most part, shop-eat-surf.com gets the stories first. As a matter of fact, I require all the executives in our company to read it.

- By Hezy Shaked, President & CEO, Tilly's
The one, undisputed leader
The one, undisputed leader

It is common knowledge in our industry that there is one undisputed leader in reporting on the topics, businesses and trends that impact all of us the most, and it is shop-eat-surf.com. Their access to those who make our industry happen is second to none, and we value not only the content of their reporting but the editorial thought on what it all means both in the present as well as the future. If we were asked to give a rating, it would be five out of five stars.

- By Craig Levra, CEO, Sport Chalet
Industry Insight

4 reasons for B2B companies to embrace ecomm from NuORDER. Invitation to PROCOPIO's Labor and Employment Law seminar.

Details on Industry Insight.


Tiffany Montgomery
Print This Article

Shopping center execs pessimistic on BTS

By Tiffany Montgomery
August 20, 2008 6:55 AM

teenage shopperThe International Council of Shopping Centers surveys mall executives each month and the July results are sobering.


The survey results, released this month, show business conditions deteriorated significantly in July, falling to the lowest level since the survey started in Sept. 2003.


The overall July results were 14.6 percentage points lower than July, 2007.


The two major components of the survey - business conditions and six month expectations - dropped significantly in July. Under business conditions, the customer traffic reading of 32.2 percent was the lowest ever reported on the survey, a 19.2 percent point drop from the same month last year.


Mall owners were also asked to assess sales growth expectations for back-to-school. More than half, 58 percent, expected weak or very weak sales growth compared to last year.


Thirty-three percent expected a similar growth rate. Only 9 percent believed sales growth would be strong or very strong for BTS. By comparison, in 2007, 23 percent of executives believed BTS sales growth would be strong or very strong.


This is bad news for people trying to sell goods at the malls - especially the weak customer traffic number - but the bright side is retailers and manufacturers looking to open stores are probably getting many more concessions from landlords than in the past.


Articles You Might Have Missed