Halloween & Retail

Tom Arnold

Tom Arnold is a professor of finance at the Robins School of Business. He received his Ph.D. from the Terry College of Business at the University of Georgia and is a chartered financial analyst.

Arnold says supply chain issues may spook retailers this year. 

"The pandemic will continue to impact Halloween this year.

Trick-or-treating will be muted again by the pandemic. The idea of virtual trick-or-treating appears to be a likely scenario again for children.

Vaccinated adults may have more fun than last year. Halloween attractions have not yet closed due to the pandemic which, if remaining open, will give adults the Halloween they missed last year.

The new issue is the supply chain. Shipping container costs have increased significantly and are not moving through ports nearly as fast as in the past. Consequently, consumers can expect limited and/or more expensive Halloween costumes and decorations. Stores will be more than ready to sell products, but will be frustrated with receiving inventory and less likely to discount products to move inventory."
-Tom Arnold, University of Richmond finance professor

Contact Cynthia Price (cprice2@richmond.edu), associate vice president of media and public relations, to connect with Tom.