As the news about holiday spending is coming, we achieved a new record! Just this morning, the news reported $5.6 billion on stuff. In the evening the news reported that shoppers spent over $10 billion; 7.5% up compared to 5.4% last year and 3% to 4% expectations. That’s great. But the question remains: how will Continue reading →
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Archive for November 25th, 2023
Posted by Martin
November 25, 2023
Posted by Martin
November 25, 2023
Americans keep spending
Yesterday, I wrote a post with a link expressing that retailers were worried about Americans not spending enough this holiday season. Their reasoning was: Dwindling savings Increased credit card debt Stubborn Inflation and high prices everywhere Student loans repayment kick off They also expressed concerns about shoppers delaying their purchases and ordering less Continue reading →
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