Challenges abound for some U.S. retailers

|By:, SA News Editor

U.S. retail is in for a challenging holiday season, according to Walter Loeb.

He sees the buildup of unsold inventory and new arrivals pressuring apparel sellers to become more promotional in order to clear their shelves.

The very early timing of Chanukah could cut typical late quarter buying momentum.

A seismic shift in the preferences of teens to save for electronic gadgets, instead of creating buzz over trendy fashion lines, is also working against the sector.

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