Initial reports indicate record-breaking sales on Black Friday, but will that continue and translate into a strong holiday shopping season? In this week’s Retail Rap, I offer my views on what retailers and consumers can expect over the next several weeks. Behind the raw numbers, what was interesting to me was how the extended hours […]
Black Friday
Black Friday
Wow! What a busy few weeks it’s been! I’ve been away from my blog too long, but not because I was vacationing on some remote island basking in the sun and sipping margaritas. No way! I’ve actually been working! On Black Friday, I had the opportunity to appear on the Fox Business News morning program […]
2008 holiday sales to increase
I was surprised to see the National Retail Federation is estimating a 2.2 percent increase in holiday sales this year. From my perspective, I think we’ll be lucky to see any increase. When you take into consideration the fact that inflation is currently 5 percent higher than it was this time last year, and could […]
