Web Sales Soar While Store Sales Slow

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Web Sales Soar While Store Sales Slow

12-20-2005, 12:19 PM,

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mandy Offline

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Web Sales Soar While Store Sales Slow

Quote:Traditional retailers plan to offer steep discounts, longer store hours and other incentives this week, hoping to lure shoppers into malls and stores to salvage a shopping season during which the lion's share of gains has been seen in online sales. The International Council of Shopping Centers said today that most retailers are on pace to post low single-digit sales increases for the season, with department stores seeing a 2 percent sales bump, luxury retailers up nearly 5 percent, and discounters like Wal-Mart and Target up as much as 4 percent.

full article: http://www.ecommercetimes.com/story/WIkq...Slow.xhtml

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