Sure, blame the Pope

The pontiff's recent visit to New York delighted many, but some of retail's big names were less than pleased. "Our Fifth Avenue store was open, but totally blocked," Lacoste USA chairman and CEO Robert Siegel told WWD. "Our biggest day of the week [Saturday] was off plan by 50 percent in that store." (The papal procession went north on Fifth Avenue.) Seems risky to carp about the visit of the man believed by millions to be God's emissary—and besides, not everyone experienced a downturn. "We had many exhilarated shoppers visiting our store after [Pope Benedict XVI's Saturday morning] Mass," said Suzanne Johnson of Saks Fifth Avenue. Maybe that's what the economy needs: a little help from on high.


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