Britt Beemer Item Quotations

Electronics is particularly hot cause there is nothing else that has created much excitement for consumers. Our research indicates that 44 percent of shoppers have completed their holiday shopping and about 20 percent still have to start it. This weekend we think more dollars will be spent overall. Apparel sales could benefit form colder weather but watch out for electronics to come out on top again.

Today, only about one-third of holiday purchases are returned as compared to just four years ago, ... Returns are very expensive for retailers because they have to retag the item and mark down the price. If I bought something for $29 and return it, store may have to cut the price to as low as $14 before restocking it.

It costs some retailers as much as 20 percent per item to retag it, get it back on the shelf or rack and try to sell it again.

It costs some retailers as much as 20 percent per item to re-tag it, get it back on the shelf or rack and try to sell it again.