News Sections
Audio
Retailers Expecting A "Selfish Christmas" This Season
Updated May 5, 2013 1:05 AM
 Print    Archive    RSS

(UNDATED) - The Indiana Retail Council is echoing national analysts who are saying it's looking like a selfish Christmas.

The National Retail Federation says holiday sales this year are expected to rise over last year by only 2.8 percent to $465.6 billion. Last year, sales rose five percent from 2009.

Given that, analysts are predicting people will spend less on gifts and holiday merchandise and more money on themselves. They say a more "selfish Christmas" may help save the season for some retailers.

Indiana Retail Council President Grant Monahan says people may be seeking respite from the bad economy, there's pent-up demand and consumers are likely to treat themselves more this year.



« Previous Article
Next Article »

 Print    Archive    RSS

Have a question or comment about a news story? Send it to comments@wbiw.com

Advertise with 1340 AM WBIW
Find more about Weather in Bedford, IN
Advertise with 1340 AM WBIW


1340 AM WBIW, Bedford's Place To Talk. Serving Lawrence and surrounding counties since 1948!

© 2017 Ad-Venture Media, Inc. All Rights Reserved.   WBIW.com and Listen Live Powered by HPC

Advertise  |  Careers  |  Contests  |  About  |  Feedback