By  on December 27, 2015

Following Boxing Day’s swell of mall traffic and markdowns, retailers on Sunday sounded weary over their inability to sell more seasonal merchandise and resigned to a challenging spring season ahead.

Holiday 2015, they concluded, was tough, impeded by record-high temperatures on the East Coast that hurt sales of outerwear and cold-weather accessories, as well as declining tourism around the country, and reduced traffic in the malls. Online gains were big, helping to keep retailers on track for the expected 3 percent to 3.5 percent revenue gains, and masking some of the brick-and-mortar shortfall. Retailers could show fourth-quarter profit declines due to aggressive discounting that started earlier than ever this year and never really let up.

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