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Shopper's Market: Holiday shopping forecast
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What it will take for consumers to open their wallets
- Duration 1:38
- Date Oct 5, 2012
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What it will take for consumers to open their wallets
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I flew up hot gadgets and products hitting store shelves -- are people too scared to -- Retail group chairman state comptroller says no as long as there's a deal -- ball.
It's all about the sale it's all just like we saw last year even the online it's about the deal making the right -- the consumer -- by.
But he has to feel like he's getting applaud -- there's no -- Halloween spending this year a record amount of money will be spent to mark the holiday.
The National Retail Federation predicts a 170.
Million people will spend a total of eight billion box.
Both figures are high and the ten year history of the survey -- -- very inexpensive.
Investment.
The average -- -- the 8900.
Dollars they put on a costume but that's not like investing in in new home any retailers are starting are expanding their lay away programs like RS will waive the fee until Halloween.
Wal-Mart is slashing its fees by 75%.
Down to five -- And it's extending the payoff period to ninety days and Kmart and Sears say they are making the lay -- service free for the holiday shopping season.
That includes apparel and includes items for five dollars or dollars.
Is -- minimum to put it -- I am looking -- -- good holiday season.
But everything has to be on -- The National Retail Federation says the uncertain labor market higher gas prices and general worries about the economy.
Will look back how much consumers and not buying this holiday season.
In New York Brenda Buttner Fox News.