The calendar — often cited as an excuse for disappointing retail sales — could be the source of a healthy holiday windfall next month.
Christmas falls on a Sunday this year, positioning Dec. 26 on a Monday for the first time since 2005 and for the last time until 2016. ShopperTrak, the Chicago-based firm that measures and projects mall and store foot traffic, estimates that, with schools out and most companies giving employees Monday off, retail traffic could swell as much as 60 percent above levels from the same day last year. If not for the strained state of the U.S. economy, the traffic increase could have been expected to be as high as 67 percent, the company noted.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"