(Photo By Flickr User sean_hickin)
If you still have Christmas shopping to do, this may be the weekend to do it. Retailers have inventory to move, and discounts are growing as Christmas nears.
But retailers said a wait-and-see approach means shoppers could not have as big of a selection.
“If you’re really interested in the best price for something, probably the closer you get to Christmas Eve is better,” said Quincy Mall Property Manager Mike Jenkins. “It’s kind of a tricky thing because you also run the risk of maybe not having the breath of selection to choose from as our tenants continue selling between now and then.”
Joy Berhorst, owner of Domestics, Etc, said as a small business it’s easy to make quick decisions that move stock, meaning hot items won’t stay on the shelves for long.
“It is a challenge right now because inventory as a small business is starting to dwindle, as I’m sure it is for everybody,” said Berhorst.
Which is why shoppers are keeping a close eye on items they’re looking to buy.
The National Retail Federation expects consumers to spend over $700 billion this holiday season, with individual consumers spending a little more than a thousand dollars on their holiday expenses.
(Information Courtesy Of WGEM-TV)