Our Mission

Learn who we are and how we serve our community


Meet our leaders, trustees and team


Developing the next generation of talent

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

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


U.S. retailers feel pinch as tourism from China drops

August 16, 2019

U.S. retailers and other businesses are feeling the impact of a drop in tourism from China, according to business executives and economic experts.

Following several years of double-digit growth in the number of visitors from China, there was a 6 percent decline last year, to 2.99 million people, reports the Financial Times. Macy’s says this contributed to its own 9 percent drop in sales in the second quarter, and other retailers similarly say they have been affected. Tapestry, owner of Coach and other retail brands, blamed “pressure from lower tourist spend” for a weak second-quarter performance.

“It’s a significant worry, given that China has represented so much of the growth in international tourism over the past decade”

Chinese tourists are a particularly valuable revenue source, retailers say. “They’re more apt to buy at full price, and there’s virtually no returns,” said Macy’s CEO Jeffrey Gennette, as reported in the newspaper.

“It’s a significant worry,” said Adam Sacks, president of Tourism Economics, “given that China has represented so much of the growth in international tourism over the past decade.”

By Edmund Mander

Director, Editor-In-Chief/SCT

Save on getting the scoop

Our members get discounted publications, access to ICSC Exchange, and a free subscription to Shopping Centers Today.

Join ICSC today