Heavy mark downs may be on the way.
Sales have slowed down as November is behind us, and this lack of momentum is expected to make December even more promotional than previously planned.
A recent Forbes article has predicted that retailers, in an attempt to drive holiday sales, will make some heavy markdowns the week before Christmas.
This means that big sales can be expected, and consumers will be able to get gifts for the whole family, while staying within their budget.
A recent consumer poll from Totspot has revealed that 10% of consumers are concerned about staying within their budget, 20% are confident they won’t overspend and 68% are on the hunt for deals and sales.