Sunday, December 16, 2007
Unimpressive Retail Weekend
Retailers Look to Final Holiday Shopping Days to Meet Sales Goals After Unimpressive Weekend. This has been my experience this weekend as well.
Despite generous discounting and expanded shopping hours earlier in the season, many stores are finding themselves in the same predicament as in recent years: waiting for those last-minute shoppers in the final days before Christmas who seem to be procrastinating even more than a year ago.
Based on early reports from analysts and malls, sales results were generally unimpressive this past weekend, as shoppers were held back by a snow storm that spread a mix of sleet, freezing rain and snow from the Great Lakes states to New England. Consumers, fretting about economic worries, were also delaying their shopping even more this year, knowing there's a full weekend before Christmas, when the bargains will be even better.
Hopefully, this next week and weekend will bust open and get people spending money, as time IS running out, and Christmas will be here! Have A Great Week!!
xmas
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