Business Retail
15:02 11 November 2024
Post by: WBJ

Christmas sales start earlier and earlier, yet consumers remain cautious

Christmas sales start earlier and earlier, yet consumers remain cautious
Source: Pexels

This year, Polish retailers are launching Christmas promotions earlier to offset reduced consumer spending. Starting holiday sales shortly after November 1 allows retailers to spread holiday spending and maximize revenue, following trends in the UK and US. Early promotions include not only Christmas-specific items but also gift categories like toys, home goods, and food. Economic challenges, like low demand and inflation, push businesses to attract cautious shoppers who value budget management and good deals. Urszula Kłosiewicz-Górecka of the Polish Economic Institute notes that festive store displays and discounts can prompt impulsive purchases. However, with inflation limiting purchasing power, consumers may be more selective, seeking true value rather than succumbing to premature holiday offers.

(300gospodarka.pl)


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