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OverviewAPI
Retailers are cautious about the holiday shopping season due to subdued forecasts and reduced outlooks. Lower sales, mixed outlooks, and concerns about consumer spending are impacting major retailers like Lowe's, Best Buy, and Kohl's. Despite discounts, the holiday season is predicted to see a slow growth rate, with consumers cutting back on non-gift purchases. eCommerce sales are experiencing a slowdown, with concerns about debt, student loans, and inflation affecting consumer spending.

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