Home / Knowledge / News / Economic downturn likely to affect Christmas shopping – Walmart
Economic downturn likely to affect Christmas shopping – Walmart
01
Oct '08
In 3,500 stores across the U.S, Walmart reduced prices on some of the most popular toys, signaling its determination to be America's price leader this Christmas. And over the next 10 days the retailer will fast track the opening of Christmas shops in stores nationwide.

And Walmart's moves are right on the mark, a new survey shows. Consumers said they will start their Christmas shopping earlier and make other changes to help stretch their holiday cash.

"As consumers face higher prices for energy, a credit crunch and food inflation, we're working to provide low prices on both everyday needs and on things people want so they can live better," said John Fleming, executive vice president and chief merchandising officer.

"Consumers know we've been on their side all year with great brands, every day low prices and our Rollback program. And this Christmas will be no different."

The 2008 Holiday Shopping Intentions Survey, conducted on behalf of Walmart, was designed to learn what's on America's Christmas list this year, and what the gift buying priorities are for this coming Christmas season.

In addition, this survey measures how the recent economic downturn may affect things ranging from how much consumers will spend on gifts, whom Americans will be shopping for, to how much people plan to give in charitable donations during the holiday season. It also measures attitudes of the much talked about Walmart mom.

The survey finds more than one-third of Americans buy gifts for their children first. Walmart has identified 10 popular toys, priced each at $10, to help parents get a head start.

The toys are:
• Barbie and her dog, Tanner
• Barbie Mariposa (a beautiful butterfly-winged Barbie)
• Play-Doh Ice Cream Shop
• Assorted Littlest Pet Shop VIPs
• Hot Wheels Trick Tracks
• Hot Wheels Beast Bash
• Fur Real Newborn Animals
• Tonka Light and Sound Vehicles
• Doll Stroller
• Backugan by Spinmaster

In addition to these great values, Walmart.com is currently accepting pre-orders for the highly-anticipated release of Elmo Live. The latest Elmo will be available in-stores and online on October 14, but customers can reserve their Elmo

Throughout the season, Walmart.com will offer free shipping with Site to Store on thousands of toys.

Walmart Garden Centers will become the destination for all things Christmas, including trees, tree ornaments and decor; indoor and outdoor string lights; and additional outdoor decor.

Customers will find amazing values, including $5 ornament value packs offering a choice of 24 small, six medium or two large ornaments in 11 beautiful colors.

Walmart's decision to focus on price and bring Christmas to life early is reinforced by the Holiday Shopping Intentions Survey.


Must ReadView All

ITC, ICS tie up to help Moroccan textile value chain

Textiles | On 21st Apr 2018

ITC, ICS tie up to help Moroccan textile value chain

The International Trade Centre (ITC) has partnered with ICS, which...

Bangladesh garment manufacturers call for fair pricing

Apparel/Garments | On 21st Apr 2018

Bangladesh garment manufacturers call for fair pricing

Bangladesh garment manufacturers want a ‘commensurate adjustment’ by...

Pak ministry proposes extension to PM package for 2018-19

Textiles | On 21st Apr 2018

Pak ministry proposes extension to PM package for 2018-19

Pakistani textile ministry has reportedly proposed extending the...

Interviews View All

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Top executives
Textile industry

Union budget 2018-19 will have positive impact on apparel industry

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


April 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search