{draw: tack} Another day, and another group of retail experts has forecast that this years pass shopping ordain encounter a C tick -- a so-so showing with extra points for effort. And that could be a taste of what shopping will be like in 2010.
Things are looking a little better than they did until now a calendar week ago, but overall the store displays will look lackluster this year, state the experts. Thanks to new technologies, retailers bring in become overmuch better at managing inventory to get it right right and there are no must-haves this holiday season, so dont expect hand-to-hand combat for the last concomitant on the shelf.
Theres plenty of nothing that you deprivation to go rough this year for holiday, said Marshal Cohen, chief industry psychoanalyst of market research firm NPD Group. But thats an opportunity for retailers to engineer customers from one brand to another or one keepsake to another, he said.
Shoppers are getting pulled in two directions, he said: On one hand, they are cutting hold their giving lists, but they are spending as much or even a little bit more(prenominal) on those people still left on the gift list. And while they are experiencing frugal fatigue, this years gifts will lean towards the pragmatic and classic, said Cohen.
His research shows that books, music, movies and apparel will be popular this year.
Store craft is growing stronger as the fall progresses, said Richard Hastings, consumer strategist at Global Hunter Securities. He estimated traffic at apparel and accessory stores was up 4.7 percent for the week ending Oct. 17 over the previous week, which was 2.8 percent higher up the week before.
Those numbers jibe with the weekly data just released by the International Council of Shopping Centers. It found sales for the week ending Oct. 25 were up 2.4 percent from the same magazine last year. Chief Economist Michael Niemira said he expects the estimable months same-store sales to be flat over last years...If you want to get a full essay, order it on our website: Orderessay
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