David Simon: Too early for retailers to "declare victory"

12/2/2009 | CNBC

David Simon, CEO of Simon Property Group, the nation's largest mall REIT, said so far this holiday season, shoppers at Simon malls are "hanging in there." He said traffic is "slightly up" and sales are "slightly up from last year." The trajectory for sales is up, Simon said, but "I think it's too early to declare victory for the consumer."

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