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Optimistic plans by retailers entering the holiday season are not panning out, says consultant David Bassuk, resulting in pre-Christmas markdowns that are more widespread than typical. Nomura analyst Paul Jejuez, after a weekend surveying malls, is concerned - "You have to be at 40% off to drive traffic."

Optimistic plans by retailers entering the holiday season are not panning out, says consultant David Bassuk, resulting in pre-Christmas markdowns that are more widespread than typical. Nomura analyst Paul Jejuez, after a weekend surveying malls, is concerned - "You have to be at 40% off to drive traffic." Post your comment!
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