Half of Retailers Fear they Will be Forced to Slash Prices Before the Holidays Because of the Downturn in Consumer Spending

Almost half of US retailers fear they will be forced to slash prices before the holidays because of the downturn in consumer spending. More than a quarter (27 per cent) have already started to suffer - having been forced to write off excess stock as a loss this year.

MoneySheria RoweOctober 24, 2022money, finance, spending, holiday spending, retailers, holifaysComment