Like many other markets throughout the U.S., the Phoenix market has had its share of ups and down, and retailers are still coming to terms with the “new normal” outlined post-recession. I this week’s edition of Retail Rap, my twice-monthly column at Chain Store Age, I sit down with Dave Cheatham from Phoenix-based Velocity Retail Group, an X Team International Partner, to discuss the current state of the Phoenix marketplace, where we see it going in the coming months and what it means for retailers in the area.
Archives for October 2013
Despite complaints, Black Friday continues to creep into Thanksgiving
Kavita Kumar/St. Louis Post-Dispatch—And … they’re off. The Cardinals weren’t the only ones in the midst of a dogfight. Faced with what is shaping up to be a lackluster holiday shopping season, retailers are pulling out all the stops in an effort to get more customers through their doors. So it probably shouldn’t have been […]
Costco a mixed blessing for Sarasota Square
Justine Griffin/Sarasota Herald-Tribune—The east side of Westfield’s Sarasota Square Mall is easily the busiest part of the shopping destination. Cars pack a parking lot that spans the equivalent of a few city blocks toward the residences of Palmer Ranch, and shoppers inevitably head for the large glass door entrance to Costco Wholesale. The store is […]
Washington deal may mean more deals for holiday shoppers
A congressional deal to end the shutdown may be an early Christmas gift for shoppers—and coal for retailers.
By staving off a Treasury default until after the New Year, the government also extended uncertainty, according to analysts.
Shopping forecasts don’t thrill retailers
Justine Griffin/Sarasota Herald-Tribune—Economic uncertainty surrounding the government shutdown has been pushing American consumers to take a conservative approach to spending this holiday season. The National Retail Federation predicts that the average shopper will spend $737.95 on gifts, holiday-themed decor, greeting cards and more this year, down from the $752.24 average shoppers spent in 2012. The […]
Government shutdown affecting shopping patterns
Justine Griffin/Sarasota Herald-Tribune—Economic uncertainty surrounding the government shutdown is pushing American consumes to take a conservative approach to spending this holiday season. The National Retail Federation predicts that the average shopper will spend $737.95 on gifts, holiday-themed decor, greeting cards and more this year, which is two percent less than the $752.24 average shoppers spent […]
