Posts Tagged ‘retail update’

Retail News Update: Halloween Retail Sales Rise

Friday, October 16th, 2009

In an uncertain retail market some store owners may be hesitant to invest in more expensive merchandise and advertising this season. However, a recent article by the St. Louis Post Dispatch titled, “Bustling Halloween market has retailers seeing back” reports that customers are expected to spend more than $50 on Halloween this year.

The article features retailers from Halloween store owners to haunted house operators to pumpkin farms. They all report that profits are expected to match and even top last year’s sales. One Halloween retail store said their sales are up 20 percent from the same time last year.

With a majority of Halloween spending taking place in the last two weeks of October, it’s not too late to cash in on this holiday surge in spending.