You probably already have a good idea of how your holiday sales will shape up. Now is the time, however, to fine-tune those forecasts as a way to maximize sales, sharpen your merchandising strategy and help hungry shoppers quickly find what they want. Here’s a little help courtesy of CEA’s 14th Annual Holiday Sales and Forecast report.
Slowing Job Market: 1.3 million jobs added in 2007, compared to three million in 2006.
Average Price Growth for CE products is expected to hit $246, up 5% from $235 in 2006, a 17 percent increase from 2005.