The average amount of inventory held by the 20 biggest U.S. public apparel companies was up by 26 percent compared with the 2019 (pre-pandemic) level, according to Insider Intelligence (citing analysis from AlixPartners).

On Black Friday, indoor mall foot traffic was down by 14.2 percent when compared with the last pre-pandemic holiday season, according to the report (citing data from Placer.ai). Foot traffic at outlet malls declined by 17.8 percent and open-air lifestyle centers saw an 11.7 percent decline, according to the report.

Last Updated on December 16, 2022 by Ramin Seddiq