Weekend storm slows sales for some
The winter storm dubbed Dion has been making its way across the country since late last week, dumping a mix of snow and ice on a number of states and interfering with any shopping that wasn’t taking place online.
In-store traffic down 4 percent over the weekend
ShopperTrak, a firm that has devices installed in stores to count the number of people coming in, said retail foot traffic declined 4 percent year-over-year this past weekend, a drop-off attributable to the Internet.
NRF: Slightly more people hit stores, spend less
The total number of unique shoppers over the holiday weekend--counting Black Friday, Saturday and Sunday as well as Thanksgiving Day--was up 1 percent year-over-year while the average spend per shopper fell 4 percent, National Retail Federation (NRF) data shows.
Fewer expected to shop on Black Friday weekend
Even though a late Thanksgiving means a shorter period for holiday shopping in 2013, fewer consumers indicated that they will shop during Black Friday weekend this year, a National Retail Federation (NRF) survey shows.
Survey: 38 percent will shop on Thanksgiving Day
More than one-third of consumers say they are likely to hit the stores at some point on turkey day though many will wait until the pumpkin pie is served to do so, Accenture’s annual Holiday Shopping Survey shows.
NRF: Consumers will be ‘thoughtful’ shoppers
This holiday season, consumers are expected to continue to spend their money cautiously and will expect thoughtful and knowledgeable customer service when they do choose to go into a store, the National Retail Federation (NRF) said in a recent conference call.
Business is improving, but the recovery remains slow
Jewelers of America’s 2013 Cost of Doing Business Report shows that jewelers’ sales continue to increase a little bit each year, and that brick-and-mortar retailers may be regaining ground when it comes to diamond sales.
Firm maintains holiday retail sales forecast
While fewer consumers shopped during the 16-day federal government shutdown, analytics firm ShopperTrak said its forecast for retail sales and foot traffic for the all-important months of November and December remains the same.
Confidence concerns linger in wake of impasse
Jewelers say they are concerned about how this latest fiscal crisis, coming only a little more than two months before the all-important holiday season, will impact consumers’ mindset about spending money.
Wealthy to spend more on jewelry this year
Affluent Americans are expected to increase the amount they spend on fine jewelry and watches over the next eight months, and jewelers catering to this high-end clientele could reap the benefits with the right store atmosphere and sales techniques.