There are certain toys that just transcend. Each year, they're on the list, guaranteed.
We're in a bad economy and price is the name of the game.
There's a bigger promotional window for retailers. It helps everyone, but it helps the Internet specifically because many times you're dealing with shipping times. You're not getting that instant gratification of purchasing it that day.
This is going to be a very heavily promotional holiday season. Retailers are pulling out all the stops and using every weapon in their arsenal.
It's not surprising at all. When the economy is down, nobody is completely immune to poor sales.
Yes there will be sales, but these will be planned sales and not one where everybody blinks at once.
Inventories are still lean and we'll see item-specific sales similar to last year's level. Also, there are two extra sales days during the holidays. That should help retailers.
A good economy isn't an automatic fixer for department stores. To attract customers they need to differentiate themselves. They aren't doing that right now.
This is probably going to be one of the hardest holiday seasons to predict. Last year, you knew what happened, you had an event, Sept. 11. Now, you have a weakened economy, employment issues, and you have consumers not knowing what's going to happen as far as corporate scandals, a double-dip recession and obvious questions about our current war on terrorism.
Copyright © 2024 Electric Goat Media. All Rights Reserved.