Sales pace slows in month’s opening week
December 8, 2009,
New York – Same-store sales experienced a lull during first week of December, the Johnson Redbook reported today.
Retailers said the slow-down was typical of the first week of December, according to Catlin Levis, Redbook analyst. She added the slump “would likely be followed by an equally predictable stead buildup toward Hanukkah and Christmas.”
This year, Hanukkah begins Dec. 11, nine days earlier than last year. In addition, most retailers will have an extra pre-Christmas shopping day compared to last year, said Levis.
“Sales leader lists did not feature toy and gift categories as strongly as might be expected for this time of year, a possible indication of consumers deferring holiday shopping until the last minute,” she said.
Related Content By Author
Live From New York: Fashion Comes Across the Pond
Home & Textiles Today eDaily
Most Viewed Articles
See the September 2017 issue of Home & Textiles Today. In this issue, we look at the Attack of the Killer Third Tier: Monster off-pricers are climbing to the top of the food chain, plus New Products: 40 pages of new products debuting at the New York Home Fashions Market; Home Stores: TJX unveils first U.S. HomeSense store; Clicks to Bricks: Boll & Branch moves from digital to physical retailing; and much more...