October 22nd, 2012Holiday Retail Sales Heat Up
Don’t try to tell retailers that it’s too early for holiday shopping. Demand is already high for some toys.
Toys R Us has stopped accepting reservations for the Tabeo tablet and Wii U game console because of high demand this past month. The retailer offers a hot-toy holiday reservations list, which allows consumers to reserve popular items for purchase later in the season.
Wal-Mart told investors this past week that the company has already lined up $400 million in early holiday layaway sales in its program that launched a month earlier than it did in 2011. That $400 million is more than half the amount that shoppers put in layaway at Walmart stores during all of last year’s holiday season. Top items so far this year include 50-inch televisions, Apple’s iPad tablet computer and trampolines.
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- Natural Extension
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