Florida.
1. High end mall. Few discounts. Nobody buying. Few stores had major discounts but looked to be closing. Nobody carrying bags. Jewelers now beginning to discount - 20% off with no interest one year financing.
2. Outlet mall. Major apparel discounts - 50-75% but merchandise seemed old. Moderate traffic, but many lower income folk. Some stores selling to the fixtures and preparing to go out of business.
I don't go shopping in malls often, but can't remember since when it has been so quiet at the christmas season.
One observation - people do seem to be going out to dinner quite a bit.
Not scientific here, so bias may be introduced. Use your own info.
1. High end mall. Few discounts. Nobody buying. Few stores had major discounts but looked to be closing. Nobody carrying bags. Jewelers now beginning to discount - 20% off with no interest one year financing.
2. Outlet mall. Major apparel discounts - 50-75% but merchandise seemed old. Moderate traffic, but many lower income folk. Some stores selling to the fixtures and preparing to go out of business.
I don't go shopping in malls often, but can't remember since when it has been so quiet at the christmas season.
One observation - people do seem to be going out to dinner quite a bit.
Not scientific here, so bias may be introduced. Use your own info.

