Holiday shopping kicks off with inflation dampening spirits

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While Black Friday will mark a return to familiar holiday shopping patterns, uncertainty still remains. Many shoppers are reluctant to spend unless there is a big sale and are being more selective with what they will buy.

“I am shopping less,” Dalencia said, noting she will spend about $700 for holiday gifts this year, one-third less than last year.

But some pandemic habits are sticking around. Many retailers that closed stores on Thanksgiving Day and instead pushed discounts on their websites to thin out crowds at stores are still holding onto those strategies, despite a return to normalcy.Major retailers including Walmart and Target are again closing their stores on Thanksgiving. And many moved away from doorbusters, the deeply marked down items offered for a limited time that drew crowds.

 

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And in fact,we've never seen marketing efforts this aggressive most shoppers might just find it hard not to swipe. Happy Thanksgiving,anyway!😊

I’m not sure where you are getting your data. I work at Costco and our members are spending freely and buying expensive items without much hesitation.

Sales are hot garbage this year, seems like most retailers basically opted out but are still pretending there’s something to come in for

How completely disingenuous of you...you realize that people can look this stuff up, from CREDIBLE sources, don't you? Maybe FIRE the hacks who approve your horrifically incorrect takes instead of the reporters sending LABLED 'unverified' leads?

Our economy is doing better than other G7 country's economies. BravoBiden! Thank you TheDemocrats!

Fear of shootings makes people reluctant to go to brick & mortar stores for holiday shopping.

Many shoppers don't want to be shot and killed. 😎

Stop with this doom and gloom BS…

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