Entertainment Magazine: VirtualMall: Holidays

Holiday Shopping Guide

Recession Creates New Holiday Shopping Trends

Despite the economic condition this year, some of the best bargains of 2014 will be found this winter. Retailers have an excess of inventory left over from slow summer and fall seasons. Many placed their holiday orders before the economic crash and over-ordered.

Combine huge inventories will low consumer demand, and this the formula for deep discounting. Look for huge markdowns in large ticket items like TVs, HDTVs, electronics and clothes.

PriceGrabber.com(R) data reveals: 70 percent are researching and comparison shopping online, 53 percent of consumers are taking coworkers off gift lists, and 36 percent anticipate holiday spending between $100 and $499

LOPriceGrabber.com®, a part of Experian, explores the impact of the economy on holiday spending in its latest Holiday Forecast Consumer Behavior Report. Survey data reveals that the state of the economy is shaping new trends in holiday shopping. More than ever, comparison shopping is on the forefront of consumers' minds, with 70 percent of consumers doing more research and comparison shopping online, compared with 38 percent last year.

Consumers are cutting back -- 53 percent plan to spend less

Many consumers have made a concerted effort to cut back over the last year due to the recession.

The recent PriceGrabber.com survey revealed that these efforts will continue into the holiday shopping season and set the stage for new trends in holiday shopping.

Fifty-three percent of consumers are planning to spend less than they did last year.

Consumers are also crossing acquaintances (57 percent) and coworkers (53 percent) off their gift lists.

Of the consumers who are planning to spend less this year, 48 percent reveal that one of the reasons that they are spending less is due to an increase in prices (necessities, gas, etc.), 45 percent cite lack of confidence in the economy, and 38 percent indicate making less money as a reason for spending less.

Continue reading about the 2009 holiday shopping report.

Computer and Video Games Top Holiday Shopping and Wish Lists

Forty-two percent of American adults plan to give or hope to receive a computer or video game this holiday season, according to a new report released today by the Entertainment Software Association (ESA). The poll, conducted by KRC Research, also found that 52 percent of respondents believe that with the current economy, video games are a good option for family entertainment this holiday season. Continue reading about computer and video games for this holiday season.

Holiday Top Gift Ideas

Free Shipping

Online Coupons

Promotional Codes




TOP Holiday Toys

WalMart Hot Toys

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Disney Outlet Store Discounts

125x125 Disney OutletSave up to 60% on Disney collectibles, sleepwear, clothes and more. OR Ship your entire order for only $5 when you spend $89 or more at DisneyStore.com. More Disney Store shopping deals.

Amazon Toys Savings Event

Shop Amazon Toys for deals on cool new toys & games. Save up to 70% in Toys and Games on the Amazon.com website. Shop clearance deals on select Ty's Toy Box merchandise. Free shipping with $50 purchase from Discovery Channel. Get discount on toys from 25-75% off.

Circuit City is Back! Great Online Deals

The new CircuitCity.com has arrived online. Now, find the same great brand names and low prices online through the new Circuit City web site. Check the latest online only deals and free shipping offers on selected items. Visit our links to the new Circuit City.

Early promotions, sluggish sales to take a toll on profits

In holidays past, mall retailers sought to outdo one another by creating elegant window displays designed to convey the warmth and magic of the season. This year, however, sluggish traffic and lackluster sales will force retailers to woo shoppers with all the subtlety of a carnival barker hawking tickets to a sideshow, says retailing veteran Stevan Buxbaum, executive vice president of Agoura Hills, Calif.-based Buxbaum Group, the consulting and turnaround investment firm.

"You could call this the 'Battle of the Signs,'" Buxbaum says. "Instead of the windows being done up like something out of 'Miracle on 34th Street,' they'll be done up like a liquidation sale. The signage will be intense and extreme, with messages like 'Buy 1 Get 1 Free' and 'Everything 25% Off!' " Continue reading about holiday promotions.

New Survey: Americans Plan to Spend Less on Holidays but Remain Generous Despite Recession



The faltering U.S. economy will again force many U.S. adults to cut back on holiday gift spending this year but according to a new study, three out of four Americans (76%) would prefer to receive a meaningful gift that would help someone else instead of a traditional holiday gift like clothing or electronics. And according to the new study commissioned by World Vision, an international relief and development organization, an overwhelming majority (95%), say the nation's focus over the holidays ought to be on helping children. Most Americans also say once the economy improves, they'll increase their donations to charities. According to the poll, conducted by Harris Interactive, almost three out of four (74%) say they'll increase their charitable giving once the economy improves.

Economic Crisis Forcing Shoppers to Use the Internet

With the economy faltering, shoppers will turn to new websites even more, according to Internet shopping experts.
According to the Wall Street Journal, "Analysts are predicting sharper price cuts on flat-panel televisions and Blu-ray players in the coming weeks." Such consumer product price volatility can cause buyers to hesitate.
Because prices are always changing, savvy consumers need more than just a snapshot of prices at any given moment, as delivered by shopping portals and retail websites. Continue reading about internet holiday shopping.

Online Consumers Plan to Spend Less in Stores, But Slightly More Online This Holiday Season

Online consumers intend to spend less in stores this holiday season than last year, The Conference Board and TNS report, but slightly more online. Consumers will be expecting free shipping and deals not available in stores when they shop online.

The Consumer Internet Barometer, a quarterly report produced by The Conference Board, the global business research and membership organization, and TNS, a global market insight and information group, surveys 10,000 households across the country and tracks who's doing what on the Internet.

"Given the current economic environment, it is no surprise that consumers are reigning in their spending and seeking bargains," says Lynn Franco, Director of The Conference Board Consumer Research Center. "Free shipping, exclusive online deals, coupons and discounts are among the incentives consumers will be expecting this season." Bargain hunting will remain the driving force behind online sales, the report notes. Continue reading about holiday shopping predictions.

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