Will the Shutdown Have a Lasting Impact on Consumers?

AsktheExpertsQ: Although the government shutdown is over for now, (thank goodness!) I’m hearing some analysts say that it has really shaken consumer confidence. Do you think this uncertainty will continue to affect fall/holiday sales?

A: Good question. Keep in mind that the holiday season is very locally driven. So, if your community has been affected by furloughs related to the government shutdown you are more likely to see an impact. However, the good news is that we haven’t seen any data that would lead us to believe there has been a negative impact to our stores’ sales trends, at least not yet. Keep positive and let us know how it goes.

Share / Print

  • Facebook
  • Twitter
  • Digg
  • StumbleUpon
  • del.icio.us
  • Yahoo! Buzz
  • Print
avatar About Steve Pruitt

Steve Pruitt is founder and Senior Consultant of Blacks Retail Analysis and Blacks Consulting. With over 30 years of experience, Steve is one of the most respected merchandise analysts in the industry. His specialty is apparel merchandising and he has worked with clients in every sector of this category. Steve’s approach is highly customized; he tailors his analyses to the particular needs and market of each client. His work ties together the merchandising piece of the business with the client’s overall financial goals to increase sales and streamline operations. Steve is also a trusted general business consultant, known for his ability to help retailers plan growth and manage change.
 
Ask Steve about merchandise planning and strategy
561-727-8567
Steve@Blksretail.com
www.blacksretail.com
 
Note: MRketplace collects promotional fees from site experts.