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Stores hope to buck sluggish holiday forecast; consumer confidence may be shaken by Hurricanes.

Publication: San Diego Business Journal
Publication Date: 26-SEP-05
Format: Online
Delivery: Immediate Online Access
Full Article Title: Stores hope to buck sluggish holiday forecast; consumer confidence may be shaken by Hurricanes.(Retail)

Article Excerpt
Rising gasoline prices will likely drive more San Diegans with less disposable income to cut back spending during the holiday shopping season, according to a pre-holiday report from Ernst & Young Consumer Trends Center.

Masa Liles, the marketing director for Fashion Valley shopping center on Friars Road in San Diego, however, still counts on strong sales.

"When people are ready to give to their families and friends, they will make the holidays a priority," Liles said. "We're having a banner year, sales are up for the year, and my expectation is that people will continue spending as they have all year."

Liles declined to give sales figures.

Ernst & Young...

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