Macy s Inc expects another early start to holiday season shopping this year, a contrast to a prediction from Best Buy Co Inc that highlights the uncertainty among U.S.
Macy's Inc expects another early start to holiday season shopping this year, a contrast to a prediction from Best Buy Co Inc that highlights the uncertainty among U.S. retailers in forecasting inflation-driven shopping behavior. Pandemic-induced disruptions to supply chains prompted consumers to start their holiday shopping as early as October in the last two years on fears that in-demand products would disappear from shelves by the traditional period around Thanksgiving in late November. Even with supply-chain problems showing signs of easing and shelves at stores adequately stocked, Macy's does not expect the trend to change this year.
By Uday Sampath Kumar (Reuters) - Macy's Inc expects another early start to holiday season shopping this year, a contrast to a prediction from Best Bu.