The rising cost of goods and ongoing supply chain issues could put a kink in demand for costumes, candy and decorations this year
The Halloween mood on Baruch Labunski’s Toronto street has been eerie the last two years – and not in a witches-and-goblins way.This year, pumpkins have been sitting on his neighbours’ doorsteps since early September and his son has already picked out a costume.
New research by the Retail Council of Canada suggests 86 per cent of Canadians will spend the same or more on Halloween this year compared with last year, with many making purchases a month ahead of time. That being said, Canadians feeling the pinch of soaring inflation may give out fewer treats, turn off the porch lights early or opt out of Halloween altogether.
Depending on how demand unfolds, the potential scarcity could be particularly acute in the candy aisle. The maker of Reese’s Peanut Butter Cups has prioritized on-shelf availability of its everyday products to meet growing demand in that area, but has had to limit seasonal items, she said.
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