Early Easter Forecasted to Significantly Impact Retailers' Revenues in 2024
Wednesday, 27 March 2024, 14:05
Impact of Early Easter on Retailers
The National Retail Federation has forecasted a 7% decline in Easter sales for 2024, equating to $22.4 billion in total revenue.
Financial Implications
- Revenue Loss: Retailers could potentially face a $1.6 billion loss due to the impact of an early Easter.
Retailers must devise innovative strategies to navigate through this challenging period and minimize financial repercussions.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.