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The Good News & Bad News At Once
December 10, 2013
We also snapped Forest City Enterprises CEO David LaRue and ICSC CEO Michael Kercheval. You didn't buy enough PS4s, Xbox Ones, socks, Hug Me Elmos, and Monster High Dolls on Black Friday, we learned. Sales were weak this year, Michael says, but retailers shouldn't fret: Overall November-December sales will be up 3.4% over last year. And 7% unemployment means more discretionary income to spend, David adds.
