Saks has canceled its holiday light show in a decision that it will regret. It will also miss making the most of Fifth Avenue Association’s 200th anniversary.
Archive | Christmas
RSS feed for this section
5 Fewer Prime Shopping Days Puts Pressure On Retailers’ Holiday Plans
Retailers face a challenging year-end holiday season, complicated by the election, drop in consumer confidence and five fewer peak shopping days in 2024.
Holiday Retail Will End 2023 On Positive Note, But 2024 Is Another Story
Retailers and the consumers on whom they depend are rushing headstrong into the holiday shopping season, facing a level of economic uncertainty that they haven’t experienced since 2007, right before the Great Recession hit.VUCA – volatile, uncertain, complex and ambiguous – is the watchword for how retailers must approach this holiday season and 2024 after […]
Affluent Consumers Plan Fewer Gifts And More Travel, Cutting Into Retail Holiday Sales 2022
Throughout the critical holiday season of November and December, the National Retail Federation predicts retail takings will total between $942.6 to $960.4 billion, a 6% to 8% increase over last year. This estimate excludes spending at automobile dealers, gasoline stations and restaurants.The macro estimate includes all retail expenditures for gifts and other holiday-related purchases, plus […]
What Amazon Prime Day And Other ‘Christmas in July’ Events Predict For Holiday 2022
Amazon Prime Day event, held July 12 and 13, broke records to become the biggest event in company history. However, the company didn’t provide a final sales tally, and we likely won’t get the results until next quarter. As it is, news from the retail giant wasn’t so good in the second quarter, with revenue […]
