The Return of Retail: Holiday Spending 2009
THE RETURN OF RETAIL: HOLIDAY SPENDING 2009 mintcom MINT'S INDUSTRY INDICES: GENERAL 2008 CLOTHING 2008 ELECTRONICS 2009 2009 2009 2008 $190 $120 $190 $115 $180 $180 $110 $170 $170 $105 $160 $160 $100 $150 $150 $95 $140 JAN NOV JAN NOV JAN NOV The average spending per user for our basket of major retailers in each sector gives a strong indication of how each industry is doing this holiday season. While 2009 lagged behind last year's numbers for most of the year, we have seen a huge rebound in consumer spending in the last three months. RETAILERS INCLUDED IN INDICES: - GENERAL: - ELECTRONICS: Wal-Mart Target BJ's Wholesale Club Costco Sam's Club - CLOTHING: - Banana Republic // Gap JCPenney // Kohl's Macy's // Nordstrom Old Navy // J.Crew TJ Maxx // Victoria's Secret Newegg Best Buy Fry's Electronics CompUSA RadioShack HOLIDAY RETAIL LEADERS: GENERAL 20% TARGET SEARS 18.3 CLOTHING AEROPOSTALE J-CREW 15% 12.6 ELECTRONICS 11.2 BEST BUY FRY'S 10% 8.5 7.8 7.6 These industry leaders were trending upwards going into the holiday season, and their sales numbers did not disap- point. Each has well ex- ceeded 2008 numbers. 5% NOVEMBER SPENDING PER USER LUXURY RETAIL REBOUND: 10% NORDSTROM 0% SAKS FIFTH AVENUE NEIMAN MARCUS -10% BANANA REPUBLIC -20% After suffering though much of 2009, high-end retail sales are steadily climbing back to 2008 levels as people begin to indulge once again. -30% -40% -50% JAN. NOV. SPENDING PER USER SOURCE: MINT.COM AVERAGE SPENDING PER USER % CHANGE 2008-2009 2008-2009 % CHANGE
The Return of Retail: Holiday Spending 2009
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Ross CrooksSource
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