Friday, October 21, 2016

Retail Industry Has Modest Expectations for Black Friday 2016

As the holiday season gets closer, retailers and mall operators are initiating more flexible shopping strategies to compete with e-commerce giants and get customers inside stores. Industry insiders predict a better performance this Black Friday than last year, but caution that doesn’t mean Black Friday 2016 will be one for the record books.

“I anticipate in regards to Black Friday that we will do better than last year, but it won't be blockbuster,” says Neil Stern, senior partner at Chicago-based consulting firm McMillanDoolittle LLP.. . . more

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