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‘Tis the Season…already?
Has anyone else noticed that the Christmas holiday “season” starts earlier and earlier each year? This year, Walmart had their Christmas displays out by mid-September and many retailers were touting holiday sales in October! I still remember when Black Friday was the “official” kick-off to the holiday shopping season and it was surprising to see Christmas decorations up in mid-November. I keep wondering what the real-world implications of this calendar shift might mean – if anything – for retailers’ overall holiday and end-of-year sales?
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Container import volume down 6% in September from August
Newark, N.J. -- U.S. containerized import volume fell 6% in September from the month before as surging shipping of auto parts was not enough to offset growing pessimism among retailers about consumer demand heading into the holidays, according to figures from The Journal of Commerce/PIERS.
Imports fell 6% from August to September, and the disappointing numbers for such items as toys, apparel and home goods signaled retailers are restraining their inventory growth on the cusp of the holiday shopping season.