BMO Capital Markets: Pent Up Demand and Low Inventories Mean No Huge Bargains for Shoppers This Holiday Season

NEW YORK, NEW YORK — (Marketwire) — 11/22/11 — BMO Capital Markets expects the combination of retail incentives, low interest rates, and major retailers, such as Toys “R” Us and Walmart – opening their doors on Thanksgiving evening will encourage shoppers to a moderate increase in their holiday spending.

Sal Guatieri, Vice President and Senior Economist for BMO Capital Markets

John D. Morris, Retail Apparel Analyst

Gerrick Johnson, Retail Toy Analyst

Edward Williams, Entertainment & Leisure Analyst

Jeffrey Logsdon, Entertainment and Gaming Analyst

To arrange interviews with BMO Capital Markets- retail analysts regarding their outlook on the 2011 holiday shopping season, please contact Martha McInnis at 212-702-1992.

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Martha McInnis
(212)-702-1992

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