I intimated in a post yesterday that my guess was that retailers will be looking to keep stock low this year, so as to avoid burning off too much excess festive stock in sales, and this morning I have seen an article that seems to back my point about retailers expecting a quieter Christmas.
It would appear that Supermarkets have ordered much fewer Turkeys during this summer in their preparedness for Christmas; in doing so 30% fewer premium Turkeys were hatched this summer in preparation for this Christmas.
The article states that there are now concerns that there may be a shortage, and that some people will need to switch to an alternate meat for their Christmas dinner.
It will not just have been Turkeys that the big retailers will have slashed orders for; it will be across the whole retail sector. Turkeys are a good indicator because they are so synonymous with Christmas and because they need time to be hatched and grown, demonstrating retailer confidence for sales ahead of Christmas. And the absence of surplus stocks will mean a reduced need for Pre-Christmas sales, and the absence of sales is not good for the economic forecasting of Mr Brown.
For the record, the Christmas accord of 2005 still stands which guaranteed that my wife and I would alternate Christmases between each of our parents houses also meaning that we shall be at my parents this year, and thus meaning Capon is the bird that will have already been pre-ordered.