US retailers brace for a tough holiday season despite discou

US retailers brace for a tough holiday season despite discounts, ET Retail

Economic demand in the United States has slowed, as October's retail sales figures showed. Numerous retailers said on Tuesday that holiday outlook is mixed after a choppy start to the fourth quarter, when most Americans gear up for Christmas shopping. Retailers plan to lean on competitive promotions and kicked off holiday deals early to motivate customers to open up their wallets during the Thanksgiving weekend.

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