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S&P: Holiday sales expected to dip below 10-year average to 3%

Retail Dive LogoRetail Dive1w ago

S&P: Holiday sales expected to dip below 10-year average to 3% - Retail Dive

Quick Summary:

Retailers are likely to keep leaning on promotions and discounts to drive sales as consumers continue feeling the pressure of inflation, according to an S&P Global report.

Holiday retail sales performance will vary by sector, according to the report.

These moves are likely to lead to flat year over year margins for retailers, S&P said.


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Article Details

Author / Journalist: Nate Delesline III

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 10:01:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: retaildive.com

Language: English

Article Length: 554 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Retail Dive

News ID: 23588044

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About Retail Dive

Retail Dive Logo

Main Topics: EconomyBusiness

Official Website: retaildive.com

Year Established: 2012

Headquarters: United States

News Last Updated: 1 days ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #56

Publisher Details

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  • URL: https://beamstart.com/news/sp-holiday-sales-expected-to-17315984636620

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