{"id":4594,"date":"2009-10-29T15:19:44","date_gmt":"2009-10-29T23:19:44","guid":{"rendered":"http:\/\/198.46.88.49\/?p=4594"},"modified":"2010-05-10T00:43:07","modified_gmt":"2010-05-10T08:43:07","slug":"retailers-expecting-holiday-slump","status":"publish","type":"post","link":"http:\/\/198.46.88.49\/style\/retailers-expecting-holiday-slump","title":{"rendered":"Retailers Expecting Holiday Slump"},"content":{"rendered":"
Recent polls have suggested a steep decline in holiday shopping this year, with 45% of consumers estimating they will spend less in the retail market. The season isn’t expected to be a total washout, with 80% still planning on purchasing gifts.<\/p>\n
While we got some amazing deals at last year’s sales, the deep discounts are a double edged sword. Retailers offer more sales and discounts to stimulate sales, shoppers wait to purchase in hopes of further discounts. And while 70% off is too good to ignore, for the general health of the industry we’ll try to lower discount expectations this year. Interesting to watch will be sites like Gilt<\/a>, Rue La La<\/a> and Hautelook<\/a>, who already offer discounts up to 50% off on designer items every day. Will they take the bargain hunting dollars that department stores and brands are afraid to court?<\/p>\n Where will you be doing your holiday shopping?<\/p>\n Read More <\/a>{Stylelist}<\/p>\n