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	Podcast:		Knowledge at Wharton
	Episode:		The Holiday Shopping Outlook: I Saw Mommy Dissing Santa Claus
	Category:		Business
	Duration:		00:10:32
	Publish Date:		2007-11-14 15:20:43
	Description:		When Wal-Mart starts its holiday markdowns three weeks before Thanksgiving you know it will be a tough Christmas season. The Arkansas-based discount chain a bellwether for U.S. retailing usually holds off on its ”door buster” sales until the day after Thanksgiving traditionally the year’s busiest shopping day. This year Wal-Mart decided that it couldn’t afford to wait. No wonder say scholars at the Wharton School and retail analysts. A host of economic worries -- plus concerns over toy recalls -- has this year shaping up to be a lump-of-coal shopping experience. Here is what retailers -- and shoppers -- can expect. Hosted on Acast. See acast.com/privacy for more information.
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