Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Holiday Sales Forecast Lowered
Dec 20, 2012
 Printable format
 Email this Article
 Search

In the week ending Dec. 15, 2012, retail foot traffic was up 15.1% and retail sales were 16.4% over the previous week, according to ShopperTrak, but they were down from the same time period in the year before.

Year-over-year, foot traffic was down 4.4% and sales were down 4.3%.

Bill Martin, founder of the retail research firm, said many consumers delayed their Christmas shopping. "They saw 32 shopping days between Black Friday and Christmas, the longest interval possible," said Bill Martin, ShopperTrak founder. "However, time is running out and Christmas is less than one week away.

The firm is now forecasting that the week ending Dec. 22 will have the largest sales volume of the year. The firm expects Saturday, Dec. 22, to be one of the five busiest shopping days of the season.

Despite the last-minute shopping surge, the firm is now forecasting sales in November and December will increase by only about 2.5% over the same months in 2011., This is down from the 3.3% increase the firm was forecasting in September.

ShopperTrak still expects holiday season foot traffic to increase 2.8% over 2011, making it the first increase in retail foot traffic during the holiday shopping season since the recession in 2008.

Back to Daily News

 

Daily News

...........................................................

Oct 21, 2014: AHRI Annual Meeting Registration Remains Open

Oct 20, 2014: Electrolux 3Q Operating Income up 29%

Oct 17, 2014: Whirlpool completes purchase of majority interest in Indesit

Oct 17, 2014: Corrected: AHRI Annual Meeting Registration Remains Open

Oct 17, 2014: Walmart will moderate brick-and-mortar growth and increase capital spending on e-commerce capabilities

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows