Industry Headlines: December 3
- Shopping center group trims Nov. sales forecast: The ICSC still predicts sales growth for November, but perhaps not as much as first thought. (Associated Press, US)
- Store bags become mini billboards: As retailers and malls refine their reusable bags, shoppers do the advertising for them. (News Observer, US)
- Black Friday Bargains Help Lure Canadian Shoppers: Cross-border deals are popular despite heavy duties. (WCAX, US)
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General Growth to emerge from Ch. 11 bankruptcy: GGP successfully restructures debt to get out of bankruptcy protection. (Associated Press, US)
- US Nov. sales to shed light on holiday start: Electronics and online sales win big. (Reuters, US)
- Dubai teeters under weight of debt: Has the dream of a real estate and shopping mecca turned into a debt nightmare? (Sydney Morning Herald, AU)
- Reports of Dubai’s economic demise dismissed as ‘exaggerated': Perhaps not. (Irish Times, IE)
- Cyber Monday: Hope for disappointed stores: Do people still wait until Monday at work to do their online holiday shopping? The numbers will tell us. (CNN, US)
- Salvation Army kettle at U.P. Mall now accepting plastic: As shoppers move away from cash, charities follow. (South Bend Tribune, US)
- This holiday season, wipe your cart before you shop: A thought for malls that offer self-vended cart solutions (The Star Press, US)
