The International Council of Shopping Centers expects holiday sales
among U.S. retailers to rise 1 percent this year compared with last
year, when retail sales fell off a cliff (down 5.8 percent compared
with the pre-recession holiday season of 2007). It’s a slightly more
optimistic forecast than some other organizations that track retail
activity, such as the flat 2009 holiday sales predicted by Retail
Forward, as previously reported by CPE.
