Back to School: Industry watcher says retail ‘off to a slow start’ in pivotal back-to-school season
As New Jersey retailers prepare to report their back-to-school sales, the head of the state’s retail association said he is not expecting to see any jumps in revenues, as consumer spending and sentiment remains flat leading up to the holiday season.
“I feel like a broken record saying everybody’s been cautiously optimistic, but every retailer has been going into the back-to-school season thinking that way for the last few years, and it hasn’t changed,” said John Holub, president of the New Jersey Retail Merchants Association. (Eder, NJBIZ)