Our Mission

Learn who we are and how we serve our community


Meet our leaders, trustees and team

ICSC Foundation

Support up-and-coming professionals

ICSC Exchange

Catch up on industry ideas, news and views


Check out wide-ranging resources that educate and inspire

Global Public Policy

Learn about the governmental initiatives we support


Connect with other professionals at a local, regional or national event

Professional Development

Grow your skills online, in a class or at an event with expert guidance

Find Members

Access our Member Directory and connect with colleagues

Find Outlets

Get data and contact information for shopping outlets

Talent HQ

Search and post jobs, upload your resume or find qualified candidates

Become a Member

Learn about how to join ICSC and the benefits of membership

Renew Membership

Stay connected with ICSC and continue to receive membership benefits

Industry News

Holiday sales good omen for 2018, ICSC’s McGee says

Robust holiday sales figures reflect the fundamental good health of physical retail and suggest that 2018 will be a good year for retailers, ICSC President and CEO Tom McGee told Bloomberg Radio on Tuesday.

U.S. holiday shoppers spent, on average, $842 each on gifts and other holiday-related items during the 2017 season, up from $711 each during the 2016 holidays, ICSC Research says.

Talk of a retail “apocalypse” is greatly exaggerated, McGee told his radio hosts on Bloomberg Markets AM. “We just experienced an incredibly good holiday shopping season,” he said. Ninety-five percent of holiday shoppers bought goods from retailers with physical stores, the ICSC report says. “I expect the forecast for 2018 to be very strong too,” McGee said.

Asked about the faltering stock prices of some retailers, McGee replied that those do not reflect the overall health of the industry. “The reality is that this has always been a fiercely competitive business,” he said. “There are always going to be winners and losers.”

Similarly, noted McGee, no one should read too much into expected store-closure announcements, which always occur at this time of year, “because that’s when retailers will go through and rationalize their mix," he said. "I think you’re going to see a lot of announced store openings, though, as well,” he added, observing that e-tailers are eager to create a physical presence, and thriving chains like T.J.Maxx are looking to expand. 

By Edmund Mander

Director, Editor-In-Chief/SCT

SCT Week

Weekly newsletters like SCT Week put retail real estate news and trends in the palm of your hand.

Sign up now