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Holiday shoppers forecast to spend 11% less than last year

The combined pressures of inflation and higher interest rates are weighing on shoppers willingness to spend and retailers profits. Read on

Weak economy looms over holiday shopping season as consumers seek value | iNFOnews

Weak economy looms over holiday shopping season as consumers seek value | iNFOnews
infotel.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from infotel.ca Daily Mail and Mail on Sunday newspapers.

Canadian retailers face slower holiday shopping season due to economic pressures

Santa is hearing Christmas wishes from children at malls adorned in holiday regalia, stores are teeming with eggnog and gingerbread treats and a barrage of marketing campaigns are promising the perfect gift is just one credit card swipe away.

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