Marvelous Girl Has Moved!

No time to check your list twice this season

Posted on: November 23, 2009

If you have specific gifts on your holiday list this year, you may want to get a jump start on your shopping, according to industry research firm IBISWorld. 

“Consumers have become accustomed to sales and deep discounts during the past year, but retailers have low inventory levels this season and will try to keep prices high,” said van Beeck. “Shoppers will need to purchase before the stores run out if they have specific items on their gift lists.”

Yet, if retailers try to avoid discounting key goods for too long, it could spell disaster. People do not have the disposable income and will look elsewhere for their gifts, making the competition fierce and pricing crucial this year.

Total retail sales on the traditional Black Friday weekend are expected to increase 2.8 percent from last year, totalling $42.9 billion. With 76.9 million people estimated to swarm into retail stores on Black Friday alone, shoppers are expected to take advantage of this day to ensure they get all the items on their gift lists.

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