Montgomery small business seeing slower holiday shopping season amid inflation

  • 📰 wsfa12news
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 59%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Mela’s Boutique's owner has been running her shop for 10 years, and she said this holiday shopping season has come with additional challenges.

that national retail sales fell 0.6% last month compared to the previous month. It’s a sign that inflation could be impacting more families.

The Alabama Retail Association said the slowdown was expected and despite these numbers, Alabamians will likely spend more this holiday season than last year. “Most of the retailers I’ve talked to expect to end the year really good,” said Nancy Dennis with the Alabama Retail Association. “It just really depends on what they’re doing.”the AP reports“That may be dwindling too, so that they’re having to depend a little bit more on credit card,” Dennis said.

While many shoppers are looking to save, Tanveer stressed the importance of shopping local around the holidays. “The city of Montgomery needs our local businesses so that we can pay our sales taxes,” Tanveer said.and get the latest local news and breaking alerts in your email!

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 338. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines