By NEW YORK — If you blinked, you missed it.

That late Christmas rush, which usually surfaces at least by the weekend preceding Christmas and builds until the afternoon of Christmas Eve, just didn’t materialize the way retailers wanted. While malls and downtown stores did report decent traffic this past weekend, the level of shopping did nothing to change the outlook for the season. By and large, it’s been disappointing, and it looks like it will stay that way for the remainder of the holiday shopping period.

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