People looking for good news have come to the wrong placenowadays. Retail same-store sales, according to ICSC, wereOctober'sworst in 35 years.Luxury did terribly. Teen stores gothammered. Even discounters like Target and TJX Cos. had poorfairings.It's not looking good for the holiday-sellingseason, unless you're Wal-Mart, which posted a 2.4% increase. Evenfreaking Costco's same-store sales dropped 1%, after a 10% downwardbeating at its international stores.We have a feeling we'll behearing the same news months from now when holiday sales come out.Is there anything retailers can do to reverse this process or arethey doomed?

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.