Holiday Shopping Season Starting Earlier, Cedar Realty CEO Says

Bruce Schanzer, president and CEO of retail REIT Cedar Realty Trust (NYSE: CDR), previewed the holiday shopping season on the latest edition of the NAREIT Podcast.

Schanzer said his company is forecasting a “modest” year-over-year increase in holiday spending of approximately 3 percent. He added that Cedar Realty expects consumers to remain price-sensitive this year.

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