Retailers worry about 6 fewer days between Thanksgiving and Christmas - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Retailers are worried about 6 fewer days between Thanksgiving and Christmas this year — experts say it will separate the strong from the weak

, which sells kids' apparel and accessories, estimates it could erode its sales by about $5 million or 1% this quarter. Similarly, discount retailer Dollar Tree and arts-and-crafts giant Michaels anticipate the loss of days will "negatively impact" their sales.emphasized the bright side of the calendar change. "Our guests may find themselves with even less time than usual," operating chief John Mulligan said on the retail giant's earnings call last week.

"Squeezing shopping into those fewer days will make stores, malls, roads more crowded and present a challenge to retailers to maintain availability levels," Richard Hyman, an independent retail analyst, told Business Insider.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The strong may be the weak by over advertising.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How Ocean Spray cranberries go from the bog to your Thanksgiving table - Business InsiderCranberry farms are a part of a large cooperative. Each year, Ocean Spray facilities produce about 88 million cans of cranberry sauce. Now we can resume Thanksgiving prep! I will tweet how to properly 'plate' this side dish tomorrow 😁 cannedcranberry theonlycranberry
Source: BusinessInsider - 🏆 729. / 51 Read more »

The Payments Ecosystem Report from Business Insider - Business Insider[NEW REPORT] The Payments Ecosystem: BIIntelligence examines the industry's ecosystem today, highlights three trends changing payments, and forecasts growth through the next five years
Source: BusinessInsider - 🏆 729. / 51 Read more »