During the hard finacial times many store are going back to a lay a way service. What affect do you see this having on Holiday sales?
I think we will see the largest one week in history, the week before Cmas. Most lay a way programs reguire pickup by the 22nd or 23rd, meaning a crap load of sales taking place those days. Sales are not recorded until the product is paid for in full, also I do realize that some stores will not allow Electonics on Lay a way, but some do. Like My Sears does not, but my Walmart, Kmart, and Target do.
End of 2009 Predictions (Set, January 1st 2009)
Wii- 72 million 3rd Year Peak, better slate of releases
360- 37 million Should trend down slightly after 3rd year peak
PS3- 29 million Sales should pick up next year, 3rd year peak and price cut
