BEAMSTART Logo

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

Retail Dive LogoRetail Dive19h 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.


More Pictures

S&P: Holiday sales expected to dip below 10-year average to 3% - Retail Dive (Picture 1)S&P: Holiday sales expected to dip below 10-year average to 3% - Retail Dive (Picture 2)S&P: Holiday sales expected to dip below 10-year average to 3% - Retail Dive (Picture 3)S&P: Holiday sales expected to dip below 10-year average to 3% - Retail Dive (Picture 4)

or

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 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: retaildive.com

Language: English

Article Length: 554 words

Reading Time: 4 minutes read

Sentences: 23 lines

Sentence Length: 25 words per sentence (average)

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

Copyright Owner: © Retail Dive

News ID: 23588044

View Article Analysis

About Retail Dive

Retail Dive Logo

Main Topics: EconomyBusiness

Official Website: retaildive.com

Update Frequency: 6 posts per day

Year Established: 2012

Headquarters: United States

News Last Updated: 16 hours 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

Frequently Asked Questions

How long will it take to read this news story?

The story "S&P: Holiday sales expected to dip below 10-year average to 3%" has 554 words across 23 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Which news outlet covered this story?

The story "S&P: Holiday sales expected to dip below 10-year average to 3%" was covered 19 hours ago by Retail Dive, a news publisher based in United States.

How trustworthy is 'Retail Dive' news outlet?

Retail Dive is a fully independent (privately-owned) news outlet established in 2012 that covers mostly economy and business news.

The outlet is headquartered in United States and publishes an average of 6 news stories per day.

It's most recent story was published 16 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #23588044
  • URL: https://beamstart.com/news/sp-holiday-sales-expected-to-17315984636620

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2024 BEAMSTART. All Rights Reserved.