Women’s Wear Daily
02 December 2014
This week, retailers “gird” for the proverbial last-minute Christmas rush for gifts later in the month, Arnold Aronson, Kurt Salmon retail strategist, told Women’s Wear Daily. Aronson predicted “a low single-digit holiday season” with retailers experiencing “a little more pain on the margin side than anticipated,” adding how “All of the strengths are in lower-margin categories—electronics, big-ticket TVs, small appliances and housewares. Areas producing the biggest revenue have not been high-margin categories.