Economic indicators to watch for this holiday shopping season
How the state of the economy may affect retailers
Consumer spending has been strong so far in 2019. However, factors such as ongoing tariffs and a tight labor market could influence sales outcomes. Holiday sales predictions are wide ranging this year, from 3.5% to 6%. As a result, retailers are having a difficult time forecasting this season. Strong performing retailers will focus on delivering a great customer experience and value.
RSM industry insiders, Chris Shaker, consumer products industry senior analyst, and John Nicolopoulos, retail sector leader, discuss how economic trends may influence retailers this holiday season.
RSM's industry insiders break down how store closings will affect this holiday season. Hear the discussion in this brief video.
More retail disruptors are ahead this holiday season. Learn what they are and what retailers can do to stay ahead of them.