Sidewalk Sale Savvy
The long-time tradition of holding sidewalk sales - even in outlet centers - remains a viable way to excite shoppers with bargains on top of bargains, especially in today’s economy.
Consumer Snapshots
Consumers are still struggling with their urge to shop; adults like newspaper ads; the recession saves reptiles; consumers are using debit cards instead of credit cards; e-retailing is taking another hit, and more.
DEPARTMENTS
Up Front
Melvin Simon, founder of Simon Property Group, dies; Stanley K. Tanger retires and Jack Africk becomes the non-executive chairman of the board; Craig Realty buys itself a new home in Newport Beach; Samsonite Retail files Chapter 11.