Sponsors
Billabong ▼ -0.025 | PPR ▲ +2.10 | American Apparel ▼ -0.116 | The Buckle ▼ -0.06 | Columbia ▲ +1.36 | Deckers Outdoor ▲ +0.26 | Dicks ▼ -0.25 | Foot Locker ▲ +0.05 | Genesco ▲ +0.38 | Iconix Brand Group ▲ +0.03 | Jarden Corp ▲ +0.52 | Nordstrom ▲ +0.91 | Luxottica ▲ +0.10 | Nike ▲ +0.68 | Pacific Sunwear ▲ +0.02 | Skullcandy ▼ -0.09 | Sport Chalet ▼ 0.00 | Urban Outfitters ▲ +0.45 | VF Corp ▲ +0.14 | Quiksilver ▼ -0.04 | Zumiez ▼ -0.11 | Macys ▲ +0.12 | Tillys ▼ -0.14 |
Ticker Sponsor
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
Since the inception of Executive Edition, I only need 1 stop
Since the inception of Executive Edition, I only need 1 stop

As a retailer in the surf industry for the past 21 years, I have had to use multiple sources to stay informed to the news within surf. Since the inception of the Executive Edition of Shop-Eat-Surf.com, I need only one stop. Thanks for providing such a valuable tool to all of us in the industry. Shop-Eat-Surf is a must read for all of our staff at Maui Nix.

- By George Karamitos, CEO, Maui Nix
Industry Insight

KNOWSHOW: Complete list of exhibit brands and mobile app available.
MOSS ADAMS: Alert! Authorities after 45,000 businesses that didn't file 2012 California corporate taxes.
Details on Industry Insight.


Tiffany Montgomery
Print This Article

Holiday sales pick up, late surge expected

By Tiffany Montgomery
December 15, 2009 6:31 AM

The pace of holiday shopping picked up last week, but fewer shoppers – about 57% of those surveyed - have completed their shopping compared to the same week last year, according to surveys and data from the International Council of Shopping Centers.

That means there could be a late, significant burst of shopping still to come this season.

For the week ending Dec. 12, sales grew 2.4 % vs. the same week last year and rose 0.4% from last week.

Good news for brands that sell to department stores: Traffic and sales increased at department stores last week as customers sought out apparel while traffic was slower at discount chains, according to the ICSC-Goldman Sachs chain store survey.

Online retailers also appear to be having a strong holiday season. According to data firm comScore, online sales rose 4% last week vs. the same period last year. And those with incomes above $100,000 shopped at twice the pace of the average shopper.

For all of December, the International Council of Shopping Centers predicts sales will increase 2% vs. December 2008. Last December, comp sales fell 4.6%

 

 

 


Articles You Might Have Missed