Word: holidayers
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...face-off between retailers and tight-fisted shoppers this holiday season, the last two shopping days before Christmas will be even more crucial than usual. Retailing experts expect to see deep discounts to woo the last-minute crowds, but not the complete capitulation that some shoppers had been hoping - and holding...
...Last year was the worst Christmas in 40 years and we're tracking below that right now," says Howard Davidowitz, chairman of Davidowitz & Associates, a retail consulting and investment banking firm.. "The whole [holiday season] will be determined by the last two days before Christmas...
Most retailers, anticipating a weaker holiday season, took steps to soften the potential blow by ordering less inventory, adding lower-priced merchandise to the mix, putting expansion plans on hold, shuttering weak stores, and purchasing items at better prices. As a result, most aren't under the gun to clear inventory with huge unplanned markdowns...
...Eurostar counters in London and Paris, some of whom were forced to spend at least one night camped out on the floor. In many cases, travelers have been angrier at the lack of information being provided by Eurostar than at the damage the situation has done to their holiday plans. And these are the lucky ones. Many of the more than 2,000 people who were trapped for hours in the dark Channel Tunnel on Friday night complained that virtually nothing had been done to care for them or inform them of developments during their ordeal - even as some individuals...
...Gill, an aviation industry analyst for the Dublin brokerage firm Bloxham. He notes that airlines aren't exactly popular with travelers these days either. Indeed, only days ago, a planned strike by cabin crew at British Airways threatened to leave up to 1 million passengers stranded during the entire holiday season - until a judge blocked the industrial action. "Had this been a terrible crash or something, it might be different. But once tempers cool, people will use whatever service is most convenient - and for Paris-London, that's Eurostar," Gill says. (Read: "Brits Get Some Holiday Cheer: No British...