10/28/2022 0 Comments Wiinote walmart brickseek“The outlook for the final shopping days of the holiday is grim,” added Frank Badillo, senior economist for market research group TNS Retail Forward, which found that 54 percent of households plan to spend less in December than they did in November. “We’re not seeing any real improvement,” he said, and even an expected last-minute Christmas surge may not be enough to help the group make its December numbers. After enjoying a lift from Black Friday weekend, sales have leveled off for group members and Trawick is projecting December to be similar to November. “It’s pretty tough out there,” observed Bill Trawick, president and executive director of NATM Buying Corp., a confederation of major regional CE and appliance chains. Adding to the challenge is this year’s one-week calendar shift, which has shortened the window of opportunity for retailers. Wiinote walmart brickseek full#Chain-store sales during the first full week of December slipped nearly 1 percent from Thanksgiving week, and consumers were further behind in their holiday shopping compared to the same time last year, according to a weekly sales index compiled by the International Council of Shopping Centers (ICSC) and Goldman Sachs.īased on historic patterns, sales are expected to remain sluggish until next weekend, just days ahead of Christmas. Retailers are resorting to novel promotions to help spur slow holiday sales.Īs expected, shoppers retreated from stores and e-commerce sites after responding to discounts on Black Friday (see story below).
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |