Top Retail Trends for 2012
The year 2011 is showing great signs of retail growth due to solid Black Friday sales. Shoppers with pent up demand are now looking to open their checkbooks this holiday season and make up for the past few years of shying away from making discretionary purchases. However, 2012 will be a challenging year for inventors and retailers alike. When times are tough, people tend to stay close to home and gravitate towards things that are familiar and comforting to them. Earlier in the year, I spoke to numerous buyers from major retail chains and almost all of them echoed the same sentiments – that while they are growing their sales with trusted brands that consumers feel good about, they are no longer scaling back or avoiding bringing in new products from new...