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November 14, 2007
NRF: Holiday Shoppers Off To Slow Start
Holiday shopping is off to a slow start this year, but the recent arrival of cold weather should kick consumers into gear, according to the National Retail Federation (NRF).
The NRF just released a survey saying that 71.4 percent of consumers have completed less than 10 percent of their holiday shopping so far.
Unseasonably warm weather and economic turbulence have been blamed for the slowdown, but sales are expected to pick up in coming weeks. Once again, gift cards are predicted to be big sellers this year, along with winter goods.
Posted by Blacks on November 14, 2007 09:52 AM
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