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CEA Expects More Holiday Cheer
CEA's 16th Annual CE Holiday Sales Forecast says four out of five adults will buy a gizmo, the largest percentage in the survey's history. They will spend an average of $222. CE stuff comprises four of the top ten wish-list items, including computers, video games, TVs, and digital cameras. Other desirables include Blu-ray players, ebook readers, and netbook PCs. Promotions are expected to swell the number of consumers in stores, though on the whole, consumers have spent less time in CE stores recently. Mass merchants will get the most business at 67 percent, CE stores will get 60 percent, and online merchants will get 41 percent. This certainly indicates some overlap. See press release and report in TWICE.
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