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in retail history
21/12/2008 13:46
Toys “R” Us is cutting the price of Mattel Inc.’s Elmo Live furry red Muppet through Dec. 24 by $10 to $49.99 and reducing Jakks Pacific Inc.’s EyeClops Night Vision Infrared Stealth Goggles by $20 to $59.99.
“I do believe this is going to be one of the largest weekends in retail history,” Toys “R” Us Chief Executive Officer Gerald Storch said in an interview Dec. 19. “There’s a lot of pent-up demand, and there’s going to be fantastic deals.”
Shoppers grappling with shrinking housing prices and rising unemployment have cut back on non-necessities, pushing the U.S. economy into a recession. Consumer spending accounts for more than two-thirds of gross domestic product, and 81 percent of consumers plan to spend less this holiday season, according to a study by NPD Group Inc. released on Dec. 19.
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Commentaire de coeurdorizon (22/04/2016 12:17) :