Quoted – Sales rise, retailers optimistic – The Chronicle

Sales rise, retailers optimistic

By LOU WILIN

Retailers report stronger Black Friday sales this year than last year and they are cautiously optimistic about the rest of the Christmas season.

“So far, so good,” said Debbi Baker, store manager of Christopher & Banks, a women’s clothing store at Findlay Village Mall. “My Black Friday was better (than last year’s).”

David Lazar, store manager of Elder-Beerman at the mall, was cheerier.

“We are happy. We are very, very happy,” with Elder-Beerman’s sales numbers last weekend, he said.

National and regional research companies reported slight sales increases last weekend from a year ago.

In Ottawa, Walmart Manager Shane Sidle is patient.

“Things have been steady, steady with last year,” he said. Sales will probably strengthen in the 10 days before Christmas, Sidle said.

“The last couple of years, that is how it has been,” he said.

The recession has lowered retailers’ sales expectations, and rightly so.

“Consumers are very leery about spending money over the holidays,” said Scott Testa, business administration professor at Cabrini College, Radnor, Pa.

Retailers are coping by spreading out the shopping season. Christopher & Banks at the mall got its Christmas season inventory in early November, three weeks earlier than usual, said Baker, the manager. She even got resort wear, outfits women will wear on trips in the next season. Baker does not usually see those until mid-December.

“They kind of bulked me up, and whatever I have got, it has to go,” she said.

In Fostoria, Kmart Assistant Manager Bridget Weslow said the store’s layaway policy “is what is keeping people coming in.”

Testa said people this year are seeking more practical gifts, like tires, tools and car wax instead of, say, jewelry.

But flat screen TVs and video game systems are still hot items, Sidle said.

Reblog this post [with Zemanta]
Advertisements

Comments

  1. Good day! This is my first visit to your blog!
    We are a group of volunteers and starting a new initiative in a
    community in the same niche. Your blog provided us beneficial information to work on. You have done a marvellous job!

  2. Hi just wanted to give you a quick heads up and let you know a few of the pictures aren’t loading correctly.

    I’m not sure why but I think its a linking issue.
    I’ve tried it in two different browsers and both show the same outcome.

  3. I got this site from my pal who shared with me concerning this website and at the
    moment this time I am browsing this site and reading very informative content here.

Trackbacks

  1. […] 2009-12-05T23:52:36  Quoted – Sales rise, retailers optimistic – The Chronicle – [link to post] […]

  2. […] 2009-12-06T03:24:04  Quoted – Sales rise, retailers optimistic – The Chronicle [Dr. Scott's Cool Business Blog] [link to post] […]

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: