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TRENDS & INNOVATIONS.(TO THE POINT)
Shopping malls lose market share
Mall-based stores' share of retail sales has halved since '95, accounting for 19% of the total last year, says Customer Growth Partners. That's also down 3 points from '01. Taking their place were discounters such as Wal-Mart and big-box chains such as Home Depot. Those sectors took in $617 bil, or 80%.
European weather grows extreme
A heat wave that has sparked forest fires, caused drought and damaged crops may not in itself be proof of global warming. But after last ...
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