Tuesday, November 6, 2007

2007 Holiday Shopping Trends and Strategies

From the Sun-Sentinel.com

By Jaclyn Giovis

Scrooge might spoil this holiday shopping season.

The sluggish housing market, rising insurance costs and high gas prices are taking a toll on consumers. Holiday sales will hit their slowest pace in five years, growing only 4 percent, according to the National Retail Federation.

Shoppers in South Florida and across the nation are expected to cut spending for Christmas and Hanukkah, making it tough for retailers to hit sales goals. And a slew of recent recalls on toys made in China, including models of popular brands such as Barbie, Thomas & Friends and Dora the Explorer, have many parents and grandparents wary of buying the items that top kids' holiday wish lists.

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