, 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.
The strong may be the weak by over advertising.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
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
Baca lebih lajut »
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
Baca lebih lajut »