By and  on December 20, 2011

Black Friday was big but “Black Monday” revenues might be even bigger.

And the stores need it badly, considering the holiday season has been up and down since the day after Black Friday and highly promotional even before. Traffic, industrywide, has been down 1.8 percent from last year, according to ShopperTrak, which monitors sales and traffic. Also, concerns about margins at chains such as Abercrombie & Fitch, J. Jill, Chico’s, Gap, Talbots, J.C. Penney and Sears, are rising as Macy’s, Nordstrom and Neiman Marcus take market share.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus