ShopperTrak raises holiday forecast
In the last crucial week before Christmas, mall-traffic tracker ShopperTrak on Tuesday raised its holiday sales forecast to a 3.7% increase in November and December from a previous projection of a 3% gain.
Shopper numbers fell 8.7 percent over the weekend compared with the corresponding days last year, signalling consumers are still holding back on spending with just three shopping days left to Christmas, a survey showed on Monday.