Retail watch: Online sales take a bigger role with mall traffic lower

|By:, SA News Editor

The NRF has a fairly optimistic forecast out for holiday sales, but separating the winners from the losers in retail could come down to online execution.

ShopperTrak sees foot traffic falling in both November and December with malls in the U.S. getting hit the hardest.

Potential online winners: Macy's (M), Urban Outfitters (URBN), Gap (GPS), Under Armour (UA), Zale (ZLC).

Mall laggards: Sears Holdings (SHLD), J.C. Penney (JCP), Dillards (DDS), Kohl's (KSS).