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October 1, 2012

  Top Story 
  • Holiday sales to jump by 3%, hirings by 0.4%, ICSC says
    ICSC Research predicts that shopping center sales throughout November and December will reach $463 billion this year, a 3% increase from last year's $454 billion. Retailers such as Kohl's, Wal-Mart and Toys R Us are contributing to that sales boost by hiring 8.8 million seasonal workers -- 0.4% more than last year -- and last year's hiring data suggests that some of them will stay on as full-time employees, Philadelphia consulting firm Hay Group predicted. SCT Newswire (10/1) Email this Story
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  Industry Tracker 
  • Galeries Lafayette plans China push
    Paris department store Galeries Lafayette is planning to open a location in Beijing next year and 15 other cities in China over the next five years. Its renewed focus on the market shows it is confident the country’s retail sector will expand. China Daily (Beijing) (9/28) Email this Story
  • Other News
  Retail News 
  • Dollar General offers 10% off big toy buys
    Dollar General said Thursday it will take 10% off toy purchases of $75 or more, as part of a holiday promotion that starts Saturday and runs through Christmas Eve. The discount chain has also added more brand name toys from Mattel, Disney and Hasbro, with most of the offerings selling for between $3 and $20. The Wall Street Journal (9/27) Email this Story
  • Canada's retailers up their game as Target date approaches
    Upper Canada Mall is in the process of a transformation, sprucing up everywhere as Target prepares to take over the Zellers space in March, bringing with it the promise of better days for other mall stores including Sears and the Bay. Across the country, retailers are investing millions in marketing, renovations, new stores and fresh merchandise as the date for Target's arrival draws near. The Globe and Mail (Toronto) (9/27) Email this Story
  Hot Topics 

Top five news stories selected by ICSC SmartBrief readers in the past week.

  • Results based on number of times each story was clicked by readers.
  Business Best Practices 
  • Hate managing people? You're not alone
    More than two-thirds of managers admit they don't relish their management responsibilities, and most say they don't have the necessary skills and training, Devora Zack writes. Most managerial angst comes when people try to fight their natural styles to become someone they're not. "The only way to achieve real success as a manager -- and to garner the rewards and benefits of managing -- is to lead from a place that is authentic to your core," Zack writes. Fast Company online (9/26) Email this Story
  News from ICSC 
  • The Business of Shopping Center Law
    Based on papers presented at recent ICSC Law Conferences, The Business of Shopping Center Law includes commentary from seasoned industry experts and examines some of the most important legal issues facing today's professional. Topics covered include Operating Expenses, Property Acquisition, Capital Infusion, Lease Financing, Construction and Development, Green Leases, Exit Strategies and more. Buy it now in the ICSC bookstore. Email this Story
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--Charlie Todd,
American performance artist

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