Why Retailers, Have High Hopes , for the 2023 Holiday Season.<br />'Newsweek' reports that retail sales <br />are up from 2022 and businesses hope <br />to keep that momentum up. .<br />Businesses have a number of strategies <br />they hope will drive sales through <br />the busy shopping season. .<br />Decorating helps spread a sense of holiday spirit <br />in shoppers who are more likely to visit retailers <br />decked out with garland, ornaments and wreaths.<br />Expect online retailers to also decorate <br />for the holidays with updated websites. .<br />'Newsweek' suggests that rising inflation has pushed <br />shoppers to seek out the best deals, meaning that sales <br />will be a critical factor in retail success.<br />Among those sales, retailers will look <br />to bundle high-demand items with <br />slow-selling products to remove excess inventory. .<br />These two-for-one sales can be good news <br />for retailers' holiday season profit margins.<br />Retailers may also band together <br />to create a group sale by <br />partnering with other local businesses. .<br />These mini-festivals may even bring <br />in a Santa Claus to help encourage <br />families to attend the sales event. .<br />Companies are hoping that the 2023 holiday profit <br />margins reflect the giving spirit of the season.
