Halloween sales pegged at $1 billion
Oct. 31st, 2005 03:02 pmI don't really get this. Why are people spending so much bread on Halloween, of all things? And what's this about consumers having more discretionary income? I thought consumer debt was at an all-time high. I guess oil prices haven't gotten high enough yet to curb discretionary spending in other areas.
From this CBC article:
From this CBC article:
"Guy yesterday came in and bought a $1,000 Darth Vader costume," said Scott Bennie. Halloween is no longer a single holiday, according to Bennie.
"There are a lot of people that are so into Halloween that they start shopping at the end of September. We start getting all our stock in August."
"Halloween is now approaching the Christmas holiday season as the biggest season for retailers," said Kevin Evans of the Retail Council of Canada.
Total sales this year are projected at $1.1 billion – that's up 50 per cent from just five years ago.
"More consumers have more discretionary income. This is an occasion that brings out the inner child in us all," said Evans. "And Canadian consumers have shown a real affection for Halloween."