NORTH PLAINFIELD, NJ—Retailers in Levin Management Corporation's 100-property, 14-million-square-foot shopping center portfolio expect a strong holiday season following a generally positive year so far.
Levin released the results of its annual Pre-Holiday Retail Sentiment Survey, which also reflects an ongoing commitment by bricks-and-mortar retail to capitalize on digital opportunities.
For most survey participants, year-to-date sales and shopper traffic have been about the same or better than last year at this time. Notably, the percentage reporting same-or-higher sales (62.4 percent) through late October jumped nearly six percent from the findings in Levin's mid-year 2017 survey and is 2.8 percent higher than the trailing five-year average in Levin's pre-holiday surveys.
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