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ADVISORY/Chicago Holiday Shoppers Head to the Malls, But Are They in the Mood to Spend?; Deloitte Experts Available To Discuss What Retailers Can Expect This Holiday Shopping Season.


Business Editors

ADVISORY...

--(BUSINESS WIRE)

WHAT: With the holiday shopping season about to begin, an

improvement in consumer mood is good news for retailers.

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Deloitte's 18th Annual Holiday Retail Outlook,

sales will grow 6-7 percent nationally through the end of the

year. But will people do most of their shopping in stores or

on line?

WHO: Deloitte consumer business experts are available for

in-studio, phone or man-on-the street interviews for the

kick-off of the holiday shopping season. Sources are also

available on the day after Thanksgiving Thanksgiving

annual U.S. holiday celebrating harvest and yearly blessings; originated with Pilgrims (1621). [Am. Culture: EB, IX: 922]

See : America


Thanksgiving

national holiday with luxurious dinner as chief ritual. [Am. Pop.
, Black Friday Black Friday, Sept. 24, 1869, in U.S. history, day of financial panic. In 1869 a small group of American financial speculators, including Jay Gould and James Fisk, sought the support of federal officials of the Grant administration in a drive to corner the gold .

Deloitte experts can address such questions as:

-- Why are Chicagoans planning to spend more this year?

-- What can retailers expect the day after Thanksgiving?

-- Why are Chicagoans choosing the Internet and discount stores

as their favorite places to shop?

-- Why are traditional department stores This is a list of department stores. In the case of department store groups the location of the flagship store is given. This list does not include large specialist stores, which sometimes resemble department stores.  enjoying a resurgence re·sur·gence  
n.
1. A continuing after interruption; a renewal.

2. A restoration to use, acceptance, activity, or vigor; a revival.
?

-- What factors are influencing purchasing decisions?

-- What items are people buying? What are the "hot" gifts this

year?

-- Why are some people calling this the "Me Christmas"?

WHY: With Black Friday just a few days away, experts can discuss

what Chicago consumers are likely to spend--and how retailers

will come out in the end.

-- Chicagoans plan to spend 9 percent more this holiday season

than last. On average, they expect to shell out $2,173,

significantly more than national average of $1,803.

-- Chicago shoppers indicate that they will spend their money on

items to be enjoyed in and around their homes. In fact, they

intend to spend a full 47 percent more this year on home

furnishings furnishings

the extra type or quantity of hair on the head, tail, ears or legs, specified for a particular breed. For example, the feathers in setters, the beard in Bearded collies, the eyebrows in Schnauzers.
 and 17 percent more on home improvements.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 26, 2003
Words:262
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