Holiday sales creep has gotten out of hand | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Call it 'holiday creep.' Retailers are trying to jumpstart the holiday shopping season early, knowing that consumers will be hit with higher prices.

Christmas trees are already on sales floors at Costco and Lowe’s, Walmart’s year-end holiday sales start October 1 and Target\n \n is offering its “earliest access ever” to holiday deals beginning October 6. Amazon\n \n is hosting a new “Prime Day” sales event on October 11 and 12. Holiday creep is nothing new, as each year retailers start the Christmas season earlier and earlier.

It might give consumers an opportunity to indulge a little bit more and spend,” said Charles Lindsey, an associate professor of marketing at the University at Buffalo. And this year, there are new incentives for holiday creep. Higher prices are factoring into purchasing decisions this year, and these early promotional deals allow shoppers to stretch their budgets over a longer period of time, said Danielle Inman, a spokesperson for the National Retail Federation.

 

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

 /  🏆 4. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

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

China's holiday spending plunges to seven-year low as zero-Covid batters consumer confidence | CNN BusinessHoliday spending during China's Golden Week has plunged to its lowest level in seven years, as broad Covid curbs discouraged people from traveling or spending, while a darkening economic outlook continues to erode consumer confidence. 经济低迷,出行48小时核酸,随时可能被隔离…。嗯,祝你好运 CCP “has used the zero-Covid strategy to argue its political model is superior to Western democracies”? But the fact is it is true. Isn’t it China that suffered only 5000 death, while US suffered over a million? Or CNN has a more democratic standard to measure the superiority?
Source: cnni - 🏆 326. / 59 Read more »