Not exact matches
The demand woes are essentially tied to three main factors: Across the industry,
retailers still had to unload food shipments from the
fourth quarter, resulting in some delayed ordering at the start of 2017; executives also blamed a delay in tax refunds for hurting consumer demand
during the
quarter; and then there was a shift in the timing for Easter — the holiday landed in March for 2016 but April this year.
The single biggest positive factor in the
fourth -
quarter expansion of gross domestic product was a healthy rise in consumer spending, despite the mixed results of some
retailers during the holiday season.
Now that Black Friday has come and gone,
retailers and industry prognosticators are revising their
fourth -
quarter sales forecasts based on how much consumers shelled out
during the post-Thanksgiving shopping frenzy.
While most
retailers report a seasonal sales increase
during the busy
fourth quarter, a changing economic landscape has shifted their strategy for the holidays.
With the calendar flipping to the all - important
fourth quarter, it's time for pet
retailers to start speculating about what is in store for them
during the upcoming holiday selling season and beyond.