How long will you wait to complete your shopping?
How much holiday shopping have you completed? If you’re like the average shopper, you’re still waiting for last minute deals to finish your shopping for Christmas. Most consumers shopped for all their must haves and major items at the start and are waiting for some special deals to close it. While sales were slightly higher on the Black Friday, sales started dropping off that very weekend. Online sales did very well on CyberMonday, but retailers are still hoping for a late rush to make up for lost sales, unfortunately everything from the weather and the economy seems to be plotting against them.
Nervous retailers have already started cutting prices. Wal-Mart Stores Inc. launched its third round of in-store secret specials in addition to what was advertised in its circulars, including $398 Gateway laptop computers. And Toys “R” Us threw open its doors at 7 a.m. Saturday, an hour earlier than a year ago, to offer special deals on toys until noon. Macy’s Inc. was offering savings up to 50 percent on items from clothing to jewelry.
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on December 20th, 2007 at 12:12 am
[…] Check it out! While looking through the blogosphere we stumbled on an interesting post today.Here’s a quick excerptHow long will you wait to complete your shopping? Posted in Retail, Consumer talk by Shalini on the December 19th, 2007 How much holiday shopping have you completed? If you’re like the average shopper, you’re still waiting for last minute deals to finish your shopping for Christmas. Most consumers shopped for all their must haves and major items at the start and are waiting for some special deals to close it. While sales were slightly higher on the Black Friday, sales started dropping off th […]