- The outlook for the retail industry hasn't brightened over the last 24 hours.
- ShopperTrak's tally of post-Cyber Monday traffic came in shockingly low while Vera Bradley and Lululemon have both reported weaker-than-expected guidance for Q4 despite having strong brands.
- Some analysts think the crowding-out impact of higher spending on automobiles and housing is a larger factor than expected for the soft store traffic and sales. Others warn of a consumer paradigm shift where promotion and deal hunting via mobile is starting to take over. The latter will be hard to reel back.
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