Many retailers, concerned about the soft economy, are getting consumers thinking about holiday spending long before the traditional holiday season starts. Christmas displays have already gone up in many retailers like Wal-Mart and Home Depot – long before Halloween.
This will be a difficult season for many retailers with discounts on merchandise already being seen at in-store displays. To win this season, retailers must understand what their customers want and have the merchandise that customers want available in their stores and at the lowest price.
The good news? U.S. consumers are expected to spend $98 billion during November and December according to Nielsen.
Tags: economic challenges, economic Downturn, holiday retail, holiday retailers, Retail