San Diego News Fix

No Black Friday chaos? No problem for top malls

Episode Summary

A number of shopping trends are converging to create quite the holiday oxymoron: Retail optimism despite major store closings and noticeably thinner crowds at malls on historically high foot-traffic days. For the holiday shopping season between November and January, Deloitte, which puts out an annual retail forecast, expects total sales, excluding motor vehicles and gasoline, to exceed $1.1 trillion. That amounts to growth of more than 5 percent over last year’s purse. What’s more, 78 percent of consumers, encouraged by the economy, plan to spend as much as, or more than, they did a year ago, with the average holiday spend per person growing from $1,226 in 2017 to $1,536 in 2018. --- The drone survey is here: https://sdredc.typeform.com/to/mH8sqT https://www.sandiegouniontribune.com/news/politics/sd-me-drone-survey-20181119-story.html

Episode Notes

A number of shopping trends are converging to create quite the holiday oxymoron: Retail optimism despite major store closings and noticeably thinner crowds at malls on historically high foot-traffic days.
For the holiday shopping season between November and January, Deloitte, which puts out an annual retail forecast, expects total sales, excluding motor vehicles and gasoline, to exceed $1.1 trillion. That amounts to growth of more than 5 percent over last year’s purse. What’s more, 78 percent of consumers, encouraged by the economy, plan to spend as much as, or more than, they did a year ago, with the average holiday spend per person growing from $1,226 in 2017 to $1,536 in 2018.

The drone survey is here: https://sdredc.typeform.com/to/mH8sqT
https://www.sandiegouniontribune.com/news/politics/sd-me-drone-survey-20181119-story.html