With holiday shopping sprees likely to be reduced this season, restaurants in retail malls and mixed-use lifestyle centers are girding for a Scrooge-like dampening of usually robust December sales.Retail chain stores posted their weakest October same-store sales in 40 years, according to the International Council of Shopping Centers, fueling the pessimistic outlook that stingier spending this holiday season is likely to extend to restaurants that depend on the fortunes of neighboring ...
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Contact: Desiree Torres Desiree.Torres@penton.com