![]() "Because retailers will be a little more desperate,” he said. Winder says in general, there might be more momentum throughout the final month between now and Christmas Day. Car rental and other experiences like recreation up 25 per cent."Įlsewhere in the Maritimes, there were decent crowds on Sunday at the Sunnyside Mall in Bedford, N.S., and the parking lot was reasonably full at McAllister Place - the largest shopping mall in Saint John, N.B. “So if you look at MasterCard data over the last year from Tangerine, travel is up 60 per cent. "Consumers are spending more on experiences,” Winder said. While Winder said Black Friday sales have given things a boost, he warns the trend might not bode well for the rest of the Christmas season.Īccording to data from Tangerine Bank, he says spending on things like consumer electronics and home improvement or decor are down. Inflation is still a little bit sticky, cost of rent, cost of mortgages." "Interest rates being high, a 20-year high. "It's been a little bit slow,” Winder said. Retail analyst Bruce Winder puts some of the blame on economic uncertainty and the cost-of-living. However, in some other parts of the country it's been a different story. “The mall has several new stores to shop at this year too, so I think that's giving people a reason to shop local." ![]() "Some people might be staying closer to home to shop,” Morrison said. Some stores were offering some pretty hefty savings and Morrison said, in general, the Mayflower has been enjoying some momentum. "Black Friday this year was busier than the last four years, at least,” said Mayflower Mall general manager Greg Morrison. The crowds weren't what you would call overwhelming, but at the Mayflower Mall in Sydney, N.S., on Sunday there was a healthy number of early holiday shoppers.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |