AlixPartners Report: Americans Will Spend More on Holiday Shopping

An AlixPartners report reveals 87% of Americans say they will spend as much or more this season, with over a third (36%) saying it’ll be more. However, 48% say they’re willing to switch brands if tariffs on the products they purchase increase prices more than 10%.

Fitch: Large U.S. Banks Keeping a Lid on Retail Sector Exposure

Fitch Ratings reported the largest U.S. banks are keeping their exposure to the beleaguered retail sector in check.

Creditor Support Enables Retailers to Emerge from Chapter 11

Reuters reported that creditors, landlords and vendors are supporting retailers’ efforts to stay in business following bankruptcy.

Bloomberg: Retail Store Collapse Outpaces Mall Failures

Bloomberg reported that as many as 13,000 retail stores are expected to close in 2017 compared with 4,000 in 2016, The closures have a negative impact on the malls that house the stores.

Report: Retail Manufacturers Provide Mixed Signals

According to a survey conducted by Capital Business Credit, retailers are not entirely confident consumers will open their wallets this holiday season.

Bloomberg: Retailers Blame U.S. Presidential Election for Poor Sales

Bloomberg reported that retailers and restaurants are now blaming the U.S. Presidential election for sagging sales instead of the weather.

Survey: Retail Suppliers Have Positive Fall Outlook

According to a survey conducted by Capital Business Credit, U.S.-based importers and suppliers that sell goods to retailers are seeing growth in sales for both the summer and fall shopping seasons.