BMO Capital Markets: 2013 Retail Holiday Outlook

- Consumer spending expected to grow at a modest 2 per cent through the holiday season - Lack of blockbuster items weigh on North American toy sales - Promotional battle expected in the retail apparel space

(firmenpresse) - NEW YORK, NEW YORK and TORONTO, ONTARIO -- (Marketwired) -- 11/13/13 -- With Black Friday and Cyber Monday fast approaching, analysts say the outlook for the busiest shopping days of the year will be challenging for most retailers facing aggressive competition and still-cautious shoppers. BMO Capital Markets' team of experts including economist Sal Guatieri, and analysts covering retail apparel, toys and entertainment sectors, are providing the following comments about what to expect this holiday shopping season:

Sal Guatieri, Senior Economist:

Gerrick Johnson, Toy Analyst

John D. Morris, Retail Apparel Analyst

Keith Bachman, Entertainment Hardware

Edward Williams, Digital Entertainment and e-Commerce

To arrange interviews with BMO Capital Markets' economists and retail analysts regarding their outlook on the 2013 holiday shopping season, please contact Martha McInnis at 212-702-1992.

About BMO Capital Markets

BMO Capital Markets is a leading, full-service North American financial services provider, with more than 2,200 employees operating in 16 North American offices and 29 worldwide, offering corporate, institutional and government clients access to a complete range of investment and corporate banking products and services. BMO Capital Markets is a member of BMO Financial Group (NYSE: BMO)(TSX: BMO), one of the largest diversified financial services providers in North America with CDN$549 billion total assets and more than 46,000 employees as at July 31, 2013.



Contacts:
Media Contacts:
Martha McInnis
(212)-702-1992


Pav Jordan
(416) 867-7645

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Bereitgestellt von Benutzer: Marketwired
Datum: 13.11.2013 - 15:30 Uhr
Sprache: Deutsch
News-ID 316074
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NEW YORK, NEW YORK and TORONTO, ONTARIO

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