Sentences with phrase «dismal holiday sales season»
The unfavorable outlook on retail properties will likely get worse in early 2009, when the dismal holiday sales season is expected to bring about a dramatic number of new bankruptcies and store closings.
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Many analysts were unimpressed with the 1 % increase considering Macy's dismal 2016 season which would make comparisons easier to beat, as well as the overall strong holiday season for retailers at large: retail sales in the U.S. rose 4.9 % between Nov. 1 and December 24, their best result since, 2011, according to Mastercard SpendingPulse.
B&N had a dismal holiday season and sales fell 6 % and they generated $ 953 million, compared with the year prior.