All year, inflation, plus late-pandemic changes in how people work and play, has skewed consumer behavior and discretionary spending, casting uncertainty over the holiday period. The September retail sales report from last week offers some clues into how the season may unfold.
The end of the month marked the beginning of the industry’s “critical golden quarter,” and, in short, retailers have their work cut out for them, according to GlobalData Managing Director Neil Saunders.
