January 19, 2001, 12:00 AM

Kurt Salmon Associates' Holiday Outlook: Moderate growth

"Moderate, not buoyant" is the phrase for this year's holiday shopping season, predicts international retailing and consumer products consulting firm Kurt Salmon Associates. Salmon a 3% to 4% increase in consumer holiday spending. Compared with last year's 6+% gains, merchants may be disappointed this holiday season. Additionally, consumers will wait to purchase as they anticipate retailers' markdowns. As in a game of chicken, each side will wait to see who blinks first, Salmon says. "Consumers WILL spend money this holiday," says Phil Kowalczyk, national director of Salmon's merchandising practice. "They're still feeling prosperous, if not quite euphoric, about their stock-market gains."

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From IR Blogs

FPO

Adrien Henni / E-Commerce

eBay and Russian Post accelerate cross-border deliveriies

EBay and Russian Post have signed a memorandum of cooperation aimed at reducing the time ...

FPO

Ernie Diaz / E-Commerce

Can Tencent win the mobile commerce battle with Alibaba?

The two Chinese Internet giants are increasingly encroaching on each other’s territories. A Beijing-based marketing ...

Advertisement