Retailers hope late Christmas shoppers bring good cheer




Cheap mlb jerseys for youth CHICAGO/WHITE PLAINS, New York (Reuters) - Retailers limped into Christmas with last-minute blowout deals on everything from TVs to celebrity-branded clothing, after a disappointing few weeks of sales led many analysts to lower their expectations for the holiday season.
Some industry watchers said shoppers were making smaller purchases, even though they are still visiting stores and browsing online. Since the holiday quarter can account for about 30 percent of annual sales and half of profit for many chains, such small distinctions can be crucial.
"The attitude of the shopper went from Christmas euphoria on Thanksgiving weekend to more subdued, to less frenetic," said Thom Blischok, chief retail strategist and a senior executive adviser with consulting firm Booz & Company's retail practice.
Before the season began, discount MLB jersey Blischok was looking for sales to rise more than 5 percent in November and December over the same period in 2011. Now, he said a gain of 2 percent to 2.5 percent appears more likely. Research firm ShopperTrak last week said it now expects an increase of 2.5 percent, rather than 3.3 percent.
"The season will be an OK season. It won't be as strong as last year, but it won't be maybe as bad as feared heading into it," said Joseph Feldman, managing director and senior research analyst at Telsey Advisory Group. "Christmas comes every year."
Some of the winning chains this holiday season appeared to be Macy's, TJX, Michael Kors, Costco, Limited, Gap Inc, Anthropologie and Walmart, Feldman said, citing the number of shoppers in their stores, their products and online presence.
Even so, kids and youth nba jerseys cheap some of those who are buying said they were holding back.
Terene Collymore, a student of criminology at Monroe College in New Rochelle, New York, was at a Walmart on Monday, buying last-minute gifts, such as knitting supplies for her mother. Collymore said she was being more careful this year and not spending more on herself.
"I don't throw money away," she said.
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Retailers have done a good job controlling inventory levels, even in the face of diminished forecasts, analysts said.
The season has been "decent" but "not exceptional," said Noam Paransky, vice president in AlixPartners retail practice.
Discount new nba jerseys He said he has not seen unplanned discounting or too much excess inventory despite slightly slower-than-expected growth.
"Retailers have been disciplined. They haven't hit the panic button yet," Paransky said.
Still, Target Corp slashed the price of its collaborative holiday collection with Neiman Marcus by 50 percent a few days ago. The collection was still marked at full price at Neiman Marcus.
Meanwhile Sears was offering 60 percent off clothing from the reality TV family's "Kardashian Kollection," and Target, Walmart and Best Buy all had last-minute discounts hundreds of dollars deep on big-screen TVs.
Apple's iPad mini has been tough to find in some places but is still available, while the new iPhone 5 is still in stock, suggesting that people may have stuck with their prior models or bought the less expensive iPhone 4S instead, said Feldman.
Women ncaa jerseys cheap A mix of electronics are selling "exceptionally well," from low-cost tablets to very large-screen TVs, and items such as audio sound bars and headphones, said NPD Group's Stephen Baker.
One area of concern is in computers, as sales of PCs and tablets running Windows 8, from its launch in late October to mid-December, were down 13 percent from a year ago, Baker said.
That will likely be a disappointment to Microsoft and many third-party retailers, as past releases of Windows have spurred PC sales. However, that has been disrupted by the popularity of tablets eating away at PC sales, Baker said.