Holiday Sales Outlook: Ho! Ho! Hold the Prices!

Retailers for the most part are expecting sharply competitive pricing this holiday season, although many are optimistic that new promotional efforts and a longer selling season will drive increased sales compared with last year. “Thanksgiving is already showing itself to be more competitive than last year, because turkey costs have gone up but retails haven’t changed,” said Scott Karns, president and chief executive officer, Karns Quality Foods, Mechanicsburg, Pa. ...

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