Shoppers could see different landscape this holiday season
not – holiday shopping is right around the corner – but with a changing retail landscape – what can shoppers expect this year? 47abc’s colin bradley shows us that it may be different than just one year ago. the 2nd quarter numbers are in – and it wasn’t a great one for the pockets of many americans. 5.04.10 typically this time of year you have back to school purchasing and that tends to bump the retail sales up a little bit and apparently that didn’t happen in july 15.04.17 what did do well in the second quarter though – is retail stores – who showed a bump in stock for consumer spending through july. but that bump – juxtaposed to the larger picture – in which department and retail stores are struggling to stay afloat in a day where consumers have more ways to buy goods than ever before. macys recently announced the imminent closure of over 10 percent of its stores. and back in 2014 — j-c penny closed in salisbury as part of a string of over 30 stores that were closed down. and the ripple effect can be felt throughout america. 15.10.59 if these stores that are now beginning to maybe stop doing business in a certain area are the anchor stores in malls – that’s different if it’s a less prominent store that closes 15.11.11 because those less prominent stores often rely on foot traffic generated by larger retailers. something that boutiques like the dressing room in salisbury are not dependent on. 15.25.43 most of our business believe it or not is word of mouth 15.25.46 the word of mouth may get customers in the door – but anne heavner the owner of dressing room says her business outmaneuvers larger retailers through good old fashioned customer service. and the girls will work with the clients to get their needs met 100% 15.25.56 consumer habits are always evolving – but convenience is one thing that salisbury university finance professor tylor claggett says will never be passed up. amazon has done quite well in this area – but their could be competition waiting in the wings this holiday season. 15.14.17 maybe amazon has enjoyed a few years of reprieve – but i wouldn’t be surprised to see a company from overseas that’s very good at what they do to show up to compete against amazon 15.14.28 colin bradley – 47abc claggett – who you saw there in that story says with gas and energy prices low – consumers have had more disposable income this year than in years past – but says they have been spending the money on larger items like cars and vacations. for more on this story – find these stories and more online – just logon to 47-abc-dot-com. with the u-s dominating the
