Holiday hangovers: Can retailers clear out their inventory piles as the season ramps up?
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Retail industry news, voices and jobs. Optimized for your mobile phone.
Retail industry news, voices and jobs. Optimized for your mobile phone.
The survey also found that only 56% of holiday shoppers plan to visit a physical store to browse merchandise this season.
A consumer survey from the firm shows that 30% plan to spend less this year, 39% plan to make at least half of their purchases on sale and 40% plan to
Share it After a year that unfolded unlike anybody's predictions, the retail industry and its analysts are trying to game out what 2021 could look like as COVID-19 continues to surge, vaccines against the disease roll out and anxious consumers pine for life after lockdown. Vaccines that inoculate against the coronavirus could shift many of the trends that 2020 brought, while some changes are likely to remain in place and accelerate as the U.S. and the world try to build a new normal. Categories that downshifted during the pandemic could see "strong" demand this year, including apparel, beau...