With extended hours, sharper discounts and some late-fall momentum, retailers are expecting huge traffic through the Thanksgiving period. Then it’s back to reality.
Retailers are up against a challenging season marked by six fewer days than last year; two rushes seen happening this Thanksgiving and just before Christmas offset by a big lull in-between; expected comp-store revenue gains of over 2 percent to just under 4 percent for the season overall, and struggles to maintain margins and market share.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)