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When compared to the 2006 Christmas shopping season, the results
are even more alarming. Nearly 8 in 10 retail categories showed
declines in shopping levels from Christmas of 2006.
By Britt Beemer, America's
Research Group
Many of the nation's retailers took it on the chin over
Christmas, and are now faced with the daunting task of how to
lure customers back to their stores.
Of the 26 retail categories we survey for America's Research
Group's Consumer Mind Reader survey, more than half showed
declines in store visits from 2006 Christmas shopping levels.
The 800 shoppers we interviewed reported they had abandoned many
specialty retailers, membership warehouse clubs, furniture and
accessories stores, discount apparel and shoe stores, and a host
of other categories.
When compared to the 2006 Christmas shopping season, the results
are even more alarming. Nearly 8 in 10 retail categories showed
declines in shopping levels from Christmas of 2006.
Many stores showed shopping declines over last year's levels.
Categories seeing fewer customers included national department
stores, and retailers of discount apparel, books, Christian
books, bed and bath, home accessories, sporting goods, shoes,
furniture, catalogs, music and musical instruments. Even toy
stores showed a decline in Christmas shoppers.
After the big rush on Black Friday, the slow start to major
Christmas shopping did not help the situation for many
retailers. Consumers are aware of the widely-practiced retail
strategy of marking down merchandise as the holidays draw
closer. And they are willing to out wait the retailers to buy,
even if it means facing larger crowds.
Shopping convenience and ease of shopping are also at issue.
Busy consumers today are more likely to shop stores they can buy
several different items.
Categories on opposite ends of the retail spectrum were among
the few to break the trend of the dismal season. Discount stores
and jewelry stores actually improved their shopping levels
slightly when compared with the 2007 Christmas season.
But unfortunately the remaining categories fell through the
cracks when it came time to attract consumers into their stores.
Retailers must recognize that the consumer is in a changing and
evolving mode. Their old shopping patterns no longer hold true.
Retailers must force themselves to get inside the shopper's mind
early and often, from a scientific viewpoint, and adopt
strategies that will appeal to those consumers. Only through
conducting thorough, quantitative research through a company
such as America's Research Group can retailers find out what's
going on with their shoppers and how they can win them back.
Big losers according to Britt Beemer were
Home Accessories Stores,
Music Stores,
National Department Stores and
Specialty Retailers.
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