Home Depot said Tuesday it rapidly sold out of an early release of Halloween products, a healthy sign that consumers will be eager to decorate their homes this fall and winter.
The home improvement retailer recently offered shoppers a sneak peek at its Halloween products online and sold through everything “almost immediately.”
“That’s a very strong indication that people are still going to engage in decorating,” management told analysts during a conference call.
Last year, Home Depot reported its most successful Halloween event ever. Americans splurged on holiday decor at both Halloween and Christmas, as they looked for ways to entertain themselves at home during the health crisis.
Companies such as Walmart and Target are hoping to benefit from similar trends this holiday season.
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