Word: holidaying
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Dates: during 2000-2009
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Here's how worried consumers are this year: retailers have already started promoting what would have usually been their best holiday deals--and have been greeted with collective indifference. The response: Is that all you've got? "The deals aren't that amazing, and the Best Buy circular in particular was so disappointing," says Jon Vincent, founder of BlackFriday.info, an online deal site. "Shoppers expected a lot more with the economy hurting...
...could be the season of extreme retailing, with stores offering even more carrots to drive sales in this dreary economic climate. As of Nov. 11, 72% of consumers had completed less than 10% of their shopping, according to the National Retail Federation's (NRF) 2008 survey by BigResearch of holiday consumer intentions and actions. "They know the longer they wait, the better off they are, so there's no reason to rush," says Marshal Cohen, chief industry analyst at the NPD Group, a market-research firm. (Find out 10 things to do with your money...
...store as people pay it off little by little, interest-free. No credit card required. Tired of dry-cleaning bills? Ann Taylor Loft promotes the fact that most of its clothes are now washable. And if you suffer buyer's remorse, more than half of retailers say their holiday return policies will be more lenient than usual, up from 35% who said so last year, according to NRF's return-fraud survey...
Home furnishing enthusiasts may find themselves indulging in an extended spending spree this holiday season, with Crate & Barrel closing its iconic Brattle Street store on January 25—a move likely to be accompanied by obligatory clearance sales, according to store manager Lauren Boccuzzi...
...Though invisibility cloaks won’t be sold as Halloween costumes anytime soon, plenty of other consumer gadgets based on optical breakthroughs are hitting the market. Several companies are selling “pocket projectors” for less than $500 this holiday season that are the size of an iPhone and can project a digital image as wide as 50 inches onto any surface. Take it camping and project “Iron Man” onto the side of the tent. Bring it to a job interview and project a brief slideshow pitch about your Webkinz-Pokemon...