Sears Goes Halloween Crazy
Going Like Sixty — September 13, 2008 — Business
References: nwherald
Halloween kiosks hit the malls about this time of year, but now a retail giant wants in on their action.
Sears plans to have cutting-edge costumes and gadgets in ten Chicago area locations. Sears says this is only the first of many holiday-oriented pop up stores.
Between 3,000 and 5,000 ghosts, goblins and ghouls will be featured in the stores. But if you're looking for the naked witch? No deal.
Sears will stay away from the adult-oriented stuff.
Implications - Specialty holiday products present a multi-million dollar industry with all of the decorations, gifts, costumes and party favors. Christmas is at the top of the list for display purchases with Halloween at a close second, and stores see these occasions as opportunities to carry inventory not usually available in their stores and capitalize on the excitement.
Sears plans to have cutting-edge costumes and gadgets in ten Chicago area locations. Sears says this is only the first of many holiday-oriented pop up stores.
Between 3,000 and 5,000 ghosts, goblins and ghouls will be featured in the stores. But if you're looking for the naked witch? No deal.
Sears will stay away from the adult-oriented stuff.
Implications - Specialty holiday products present a multi-million dollar industry with all of the decorations, gifts, costumes and party favors. Christmas is at the top of the list for display purchases with Halloween at a close second, and stores see these occasions as opportunities to carry inventory not usually available in their stores and capitalize on the excitement.
Trend Themes
1. Specialty Holiday Products - The demand for specialty holiday products presents an opportunity for retailers to expand their inventory and capitalize on seasonal excitement.
2. Pop Up Stores - The rise of pop up stores allows retailers to target specific seasonal events and capture consumer attention with limited-time offerings.
3. Multi-million Dollar Seasonal Market - The seasonal market, driven by occasions like Halloween and Christmas, offers significant revenue potential for retailers through customized product offerings.
Industry Implications
1. Retail - The retail industry can leverage pop up stores and specialty holiday products to drive sales and engage customers with unique seasonal experiences.
2. Event Planning - Event planning companies can tap into the demand for specialty holiday products to offer customized decorations, costumes, and party favors for seasonal events.
3. E-commerce - E-commerce platforms can partner with retailers to facilitate the online sale of specialty holiday products, providing convenience and accessibility to consumers.
2.5
Score
Popularity
Activity
Freshness
