Despite the slight dip in spending on Thanksgiving and Black Friday weekend, the National Retail Federation is still predicting retailers will see $602.1 billion in sales this holiday shopping season. Some $57.4 billion is on the books from the initial four-day shopping event, leaving an estimated $577.4 billion still on its way to cash registers.… Read More
The biggest retail news story right now is, naturally, the 2012 holiday shopping season results. In November and December, national retail sales and foot traffic each increased 2.5 percent compared to the same two months last year, according to ShopperTrak.
Kimco has been discussing this story, as well as many others over the past quarter, in national and local media outlets.… Read More