ADVISORY/Twin Cities Holiday Shoppers Head to the Malls, But Are They in the Mood to Spend?; Deloitte Sources 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 sources are available for in-studio, phone or man-on-the street interviews for the kick-off kick-off noun (Informal) start, opening, beginning, commencement, outset, starting point, inception kick-off kick n (Sport) → coup m 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 sources can address such questions as: -- Why are Minnesotans planning to buy more gifts yet spend less this year? -- What can retailers expect the day after Thanksgiving? -- Why are Minnesotans choosing the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the and discount 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. as their favorite places to shop? -- What factors are influencing purchasing decisions? -- What items are people buying? What are the "hot" gifts this year? -- How will local concerns about the economy affect holiday spending? WHY: With Black Friday just a few days away, sources can discuss what Minneapolis/St. Paul consumers are likely to spend--and how retailers will come out in the end. -- Minnesota shoppers report that they intend to buy 17 percent more gifts than last year, although they plan to spend 11 percent less on them, or $454 on average compared to $508 in 2002. -- Twin Cities consumers appear to be very focused on celebrating close to home with friends and family, with spending on entertaining at home expected to rise 10 percent to $171. |
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