What recession? Holiday sales expected to rise amid boost in ad spend

Shoppers appear unfazed by a potential recession, tariff uncertainty and an impeachment inquiry in Washington. The National Retail Federation, which released its annual holiday sales forecast Thursday, says retail sales will increase between 3.8 percent and 4.2 percent during the last two months of the year, compared with the year-earlier period. That’s a total of as much as $730.7 billion for the crucial holiday period. “It’s a strong forecast despite all that uncertainty,” Matthew Shay, president and CEO of the NRF, said on a call with reporters. He noted that last year’s holiday spending was “unusually low” and increased in the low-2-percent range only. At the time, consumers were navigating factors such as the government shutdown and early tariff talks. Whether shoppers spend or not, retailers will be ready with ads. During the first half of 2019, such marketers spent $7 billion, or 4 percent more on advertising than the year-earlier period, according to Kantar data. Kantar executives expect advertising over the holiday to increase. “The holiday season is still a critical period of the year for retailers,” says Jon Swallen, chief research officer at Kantar, noting that advertisers need to keep pace with or out-spend competitors. In a report, Kantar outlined digital media as a key spending area for advertisers, in keeping with the growth of Cyber Monday and online shopping during the Thanksgiving holiday weekend. The NRF predicts online buying, and other non-store... Continue reading at 'Advertising Age'

[ Advertising Age | 2019-10-03 19:49:51 UTC ]
News tagged with: #cyber monday #direct impact #consumer confidence #physical stores #digital media

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Happy holidays for indie bookstores – but not for Barnes

Barnes & Noble reported disappointing holiday sales numbers while, in contrast, some independent bookstores said they had their best month ever. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-01-04 00:00:00 UTC ]
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[ BBC World | 2013-01-04 00:00:00 UTC ]
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Christmas e-reader sales up 45% at John Lewis

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[ The Bookseller | 2013-01-04 00:00:00 UTC ]
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Printed book sales slump £74m in 2012

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[ The Bookseller | 2013-01-03 00:00:00 UTC ]
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Christmas sales hold up at Foyles

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[ The Bookseller | 2013-01-03 00:00:00 UTC ]
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[ The Bookseller | 2012-12-28 00:00:00 UTC ]
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Bargain Prices & Amazon Promo Equal Big Sales

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[ Publishers Weekly | 2012-12-21 00:00:00 UTC ]
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Happy Holidays! Here's a Free E-Book of Our Best Stories From 2012

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[ The Atlantic | 2012-12-21 00:00:00 UTC ]
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[ The Bookseller | 2012-12-19 00:00:00 UTC ]
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Amazon starts Boxing Day sale on Christmas Day

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[ The Bookseller | 2012-12-17 00:00:00 UTC ]
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Former Hachette sales boss resurfaces at Publicis Blueprint

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[ Media Week | 2012-12-14 00:00:00 UTC ]
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[ The Bookseller | 2012-12-06 00:00:00 UTC ]
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[ The Bookseller | 2012-11-30 00:00:00 UTC ]
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Engadget's holiday gift guide 2012: e-readers

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[ Engadget | 2012-11-30 00:00:00 UTC ]
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Barnes & Noble reports Q2 2013 earnings: digital content sales up 38%, Nook unit rakes $160 million

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[ Engadget | 2012-11-29 00:00:00 UTC ]
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[ The Bookseller | 2012-11-29 00:00:00 UTC ]
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Nosy Crow to publish book of John Lewis Snowman ad

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[ The Bookseller | 2012-11-27 00:00:00 UTC ]
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