Tag Archives: holiday retail

BusinessWeek Reports the Beginning of Holiday Price Wars

“I have never seen any environment like this. The fight is on … They are all scared.”
According to BusinessWeek, retail price wars have begun and they are brutal. Retailers are seeing same store sales decline in double digit numbers at the most important time of year and they don’t know what to do except mark [...]

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Kmart’s Economic Strategy — Layaway

As far as retailers are concerned, the holidays are here and the horizon looks very bleak. With credit tightened and shoppers either strapped for cash or holding on to it for dear life, the economy is going to hit some retailers hard.  There are few ways around it.
Kmart, however may have found a way — layaway.  [...]

Posted in Retail/Market Trends | Also tagged , , | 2 Comments
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