Stephanie Cegielski

NEW YORK, NY–Retailers forecast a profitable Thanksgivingweekend as consumers are expected to spend an average of $554.90with $207.30 dedicated to holiday gifts, according to a new surveyfrom the International Council of Shopping Centers (ICSC).

With consumer confidence hitting its highest levels in almosttwo decades, 46% of the weekend's shoppers plan to spend more thisyear than they did last year.

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