Wayne Best
Wayne Best
busiest consumers continues data days december expect good holidays numbers shopping spending
Spending data for December continues to show that consumers are shopping in good numbers as the holidays approach, and we expect the busiest days are still to come.
christmas consumers continued eve last minute seen shop spike until
Consumers continued to shop right up until the very last minute on Christmas Eve as seen by our spike in sales.
continued employment factors gains gas helping key period reduction spending steep
The key factors helping to buoy spending over the November-December gift-buying period were continued employment gains coupled with a steep reduction in gas prices.
affluent balance catering consumers harder holiday likely retailers sales saw work
What we saw was a likely bifurcation of retailers this holiday season, with those catering to affluent consumers doing very well. The balance of retailers had to work harder for sales and do more discounting.