Podcasts & RSS Feeds
Most Active Stories
- Don't like the water shut-offs in Detroit? Now you can pay someone's overdue water bill
- This ballot proposal is critical to Michigan's economy, but most people won't bother to vote on it
- Approaching construction on the highway? Experts say the "zipper merge" can help
- Some think their immigrant ancestors were the last that should be allowed in the U.S.
- Michigan Republican Party's tactics remind me of Watergate, because both were unnecessary
Fri November 23, 2012
The holiday shopping rush is on in Michigan
Michigan retailers are optimistic they will have a very good holiday shopping season this year.
Nationally, sales are expected to be up by four percent over last year.
Tom Scott with the Michigan Retailers Association says this is a critical five-week stretch for many store owners.
“It’s probably 20 to 25% of a retailers’ business of the year…depending on what kind of retailer they are,” says Scott, “If they’re a toy store….it could be 50% or more.”
A Michigan State University marketing expert expects shoppers will scoop up technology items and gift cards this weekend.
Researchers at the University of Michigan say overall consumer confidence is rising, which bodes well for a good holiday season for a broad range of retailers.