Business Services Industry

University of Maryland Business School Experts Available for Comment on Holiday Retail Season.

AScribe Business & Economics News Service, October, 2005

Byline: University of Maryland, College Park

COLLEGE PARK, Md., Oct. 31 (AScribe Newswire) -- Experts from the University of Maryland's Robert H. Smith School of Business are available for comment on this year's holiday retail trends. What the experts are saying:

More consumers will purchase services as gifts "There has been an overall shift in consumer spending away from goods to services. While consumers will still buy goods - for example, toys for their kids - as gifts, more will be giving services. For example, gift certificates for services such as spa treatments and restaurant meals have become very popular. In the goods category, electronics such as cell phones and iPods should sell very well."

-Janet Wagner, associate chair marketing...

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