Elections, hurricane damage and more: Here are four factors that will shape holiday shoppers' purchases
Publishing timestamp: 2024-10-19 13:00:01
Summary
Holiday spending is expected to increase this year, with consumers planning to spend more on decorations and experiences but slightly less on gifts. Factors such as volatile weather, election distraction, and a shorter shopping season may impact consumer spending. Retailers are preparing for a more promotional environment and focusing on providing value to customers.
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