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Retailers Brace for a Challenging Holiday Shopping Season
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Cautious Holiday Outlook for Retailers
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Retailers are cautious about the upcoming holiday shopping season due to reduced consumer demand, inflation, and rising interest rates. Sales forecasts have been lowered, and some retailers have issued subdued outlooks. Despite this, there are still concerns about the macroeconomic environment and the slowdown in holiday sales growth.
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How are retailers preparing for the challenges in consumer spending?
How might the slowdown in holiday sales growth impact the overall retail industry?
What strategies are retailers using to attract consumers during the holiday season?
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