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Despite Deep Discounts, US Malls See Fewer Holiday Shoppers

Despite deep discounts and longer shopping hours, some malls are reporting fewer consumers and shorter shopping lines in the final days leading up to the Christmas holiday, an observation corroborated by market research reports. Analytics firm RetailNext says the number of visits to brick and mortar stores fell between five and seven percent, compared to the same weekend last year. While the numbers might indicate a tough year ahead for retailers, some analysts say the shopping season is...

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