Consumer buying habits remain a mystery to retailers, apparently.
Yesterday, I was at a holiday party with my tennis groupies in an affluent home with several Christmas trees and many lovely decorations admired by all. The conversation launched into the fact that there were no more cool ornaments in stores, and the selection of holiday decorating accessories is limited.
We talked about Target and Pier One as places to go on the hunt while others preferred to wait until after Christmas for the deals. Wait! We all agreed there are no more after-Christmas deals for decorating goodies; if you see them before Christmas, you have to snap them up. That is so sad. We used to be able to get really cool ornaments and now retailers are not stocking shelves. Who wants to buy ornaments online, anyway? You have to touch them already.
The fact that retailers began to limit holiday selections is not new. I noticed this trend about 2009-2010 during the last recession when no one was buying that stuff. [Read more…]