International Council of Shopping Centers news and archive

Half of US shoppers spent more this Black Friday than they did in 2017

Store closings in malls may be on the rise, but shopping centers are far from dead -- at least during the holiday season. The International Council of Shopping Centers (ICSC) estimates 151 million US consumers to have visited a mall over the weekend, proving that physical retail remains the hub of Thanksgiving shopping. By surveying about 1000...

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US consumers to spend an average of 554.90 US dollars during Thanksgiving weekend

This holiday season looks promising for US retailers. A new survey conducted by the International Council of Shopping Centers (ICSC) with over 1,000 American consumers revealed they intend to spend an average of 554.90 US dollars over the Thanksgiving weekend, with 207.30 US dollars going towards gifts for other people. Another study by mobile...