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RETAILERS EXPECT PRE-HOLIDAY FRENZY.


Byline: Brent Hopkins Staff Writer

Retailers are bracing bracing,
n a resistance to the horizontal components of masticatory force.
 themselves for heavy traffic for the rest of the holiday season as procrastinators begin to hit the malls, retailers and analysts predicted Monday.

Though sales have been decent, considering the overall economic climate this year, experts expect a mad rush during the closing days of the season.

Tight times prompted shoppers to hold off and look for bigger discounts, and the longest shopping season in recent memory gave them ample time to do so.

Things have been heating up at Caruso Affiliated Caruso Affiliated is a real estate development company in California, U.S.A.. It is headed by Rick Caruso.

It is known particularly for building higher-end outdoor shopping centers.
 Holdings' properties in Calabasas and Westlake Village recently, as shoppers shift into high gear.

Rick Lemmo, Caruso's vice president of corporate communications Corporate communications is the process of facilitating information and knowledge exchanges with internal and key external groups and individuals that have a direct relationship with an enterprise. , attributes this to bargain hunters Bargain Hunters was a game show on ABC in the summer of 1987, hosted by Peter Tomarken. Games
Each episode featured six contestants, with two playing one of the following games — Bargain Quiz, Bargain Trap and Bargain Busters — at a time.
 who held out for the biggest deals. Though this will provide a late infusion of business, it has limited sales early on.

``Retailers confuse me because they train the public, but they don't like what they've trained,'' Lemmo said. ``They want people to shop, but they have those huge discounts at the end. The average public figures what the heck heck  
interj.
Used as a mild oath.

n. Slang
Used as an intensive: had a heck of a lot of money; was crowded as heck.



[Alteration of hell.
, we'll keep our eyes open.''

This has proved true across the region.

``We anticipate it to be very busy in the next week,'' said Diana Reeves, marketing director for the Antelope Valley Mall The Antelope Valley Mall is an enclosed shopping mall in Palmdale, California.

Opened in September, 1990, its buildings take up around 1 million square feet (90,000 m²). Its physical main building, parking lots, and ring road businesses encompass an area a bit less than 0.
. ``In previous years, there was more shopping earlier, but this year, people are waiting a little longer. I think everyone's a little reserved in their spending, and they want to see what sales the merchants will offer.''

Check-acceptance firm TeleCheck reported Monday that sales since Thanksgiving rose 1.8 percent over the same period last year. A large, late increase would make good its prediction of a total 2 percent increase for the entire season.

``The real rush is coming now; we've passed the midseason slump,'' said Bill Ford, the firm's senior economic adviser. ``A lot of people look at the calendar and think they can wait until Christmas Eve if they get really desperate. That's a really bad idea, though, because the stores are going to be jammed and then they're going to close early.''

The chief culprits in the last-minute shopping craze are men, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 retail expert Brent Schoenbaum of Deloitte & Touche's Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  office.

``In the end, men tend to postpone post·pone  
tr.v. post·poned, post·pon·ing, post·pones
1. To delay until a future time; put off. See Synonyms at defer1.

2. To place after in importance; subordinate.
 their purchases till the week before Christmas,'' he said. ``The men still have yet to spend what they'd planned, so those sales will be in the next seven to 10 days. We tend to be procrastinators, so that's where you see the pickup. Men also tend to be less price-conscious, so they'll just go out and buy and not worry about getting a good deal.''

So for the next week, retailers can expect to see a lot of frantic gents opening their wallets to get those presents in the bag and off their minds.

``On the last day, it'll be men who are desperate to buy,'' said Shana Yao, marketing director for Sherman Oaks Fashion Square. ``Women actually like to shop, but men put it off until the last minute.''
COPYRIGHT 2001 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Business
Publication:Daily News (Los Angeles, CA)
Article Type:Statistical Data Included
Date:Dec 18, 2001
Words:505
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