Tag Archives: Michael Niemira

Holiday Chain-Store Sales Projected for 3.4 Percent Rise, Says ICSC

Holidays Shoppers Retail Sales

NEW YORK-The International Council of Shopping Centers (ICSC) has forecast an increase of 3.4 percent in U.S. chain-store sales for the upcoming holiday season. Michael Niemira, ICSC vice president of research and chief economist, said retailers are poised to have a better holiday season this year than last year, in spite of consumers’ “subdued spendingMore »