September 26th, 2016
The National Retail Federation is predicting a good Halloween this year for retailers: “More than 171 million Americans are planning to celebrate Halloween with the average consumer spending $82.93, up from $74.34 in 2015. ‘After a long summer, families are excited to welcome the fall season celebrating Halloween,’ said Matthew Shay, president and CEO of NRF, in a statement. ‘Retailers are preparing for the day by offering a wide variety of options in costumes, decorations and candy, while being aggressive...Read More
September 26th, 2016
An increasing number of consumers plan to start their holiday shopping well before Thanksgiving this year: “The nationwide survey of 1,000 consumers said that 27% of respondents plan to do the bulk of their holiday shopping before the calendar hits November — a stat that is up 8% from 2015. ‘Beating other retailers to the punch by taking demand out of the market early is nothing new,’ explains Traci Gregorski, senior VP of marketing at Market Track. ‘Look for...Read More
September 25th, 2016
Discount stores are gaining in popularity, even in generally trendy or up-and-coming areas: “If more people begin purchasing basic consumer goods and personal care products online, a big retail footprint could become a liability if stores can’t find ways to stand out, said Steven Barr, PricewaterhouseCoopers’ U.S. retail and consumer sector leader. U.S. holiday sales to grow, but big chains getting smaller piece But the price point ‘clearly has resonated,’ even with higher-income customers and deal-hungry millennials, Harris said....Read More
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