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Mall managers: Holiday retail sales to claw back


Holiday spending this year should improve over last at many U.S. shopping centers, but gains will be tempered by consumers' continued price-consciousness, according to mall managers around the country. The year's biggest shopping season should extend retail sales' overall, if uneven, trek higher through much of 2010. The two ends of the retail spectrum, luxury and discount, appear to be faring best, the former mirroring the U.S. stock market's repair this year, and the latter reflecting consumers' lingering thrifty mindset. more

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