As School Bells Ring, Retailers Start Listening For Sleigh Bells
U.S. retailers expect another solid showing this holiday season, as summertime surveys and shipments show that companies are placing big orders even as some remain cautious about the economy.
A report from the National Retail Federation showed that increases are expected in imports during August, September and October, critical months when chains get their merchandise from overseas in time to stock their holiday shelves.
Meanwhile, manufacturers and importers surveyed by Capital Business Credit showed “cautious optimism” for the 2012 holiday season, said Andrew Tananbaum, executive chairman of CBC, a non-bank lender for the retail sector.
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