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40 Shopping Days Until Christmas – Darlinez News.

<p> &lbrack;ad&lowbar;1&rsqb;<br &sol;>&NewLine;<&sol;p>&NewLine;<div>&NewLine;<div class&equals;"entry-content column content primary is-two-thirds">&NewLine;<div class&equals;"" style&equals;"padding-bottom&colon; 10px&semi;">&NewLine;<div class&equals;"">&NewLine;<p>&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<span class&equals;"tag is-dark is-uppercase">Retail<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;p>&NewLine;<div class&equals;"byline-container">&NewLine;<div class&equals;"post-date is-italic has-text-grey is-size-7 has-text-weight-medium ">&NewLine;<p>November 15&comma; 2022 11&colon;30 am<&sol;p>&NewLine;<&sol;p><&sol;div>&NewLine;<&sol;p><&sol;div>&NewLine;<&sol;p><&sol;div>&NewLine;<&sol;p><&sol;div>&NewLine;<&sol;p><&sol;div>&NewLine;<p>There are less than two weeks until the unofficial start of the holiday shopping season&colon; Thanksgiving&comma; Black Friday and Cyber Monday&period; October’s sales&comma; based on Adobe’s tracking system&comma; were about &dollar;72 billion&comma; in line with last year&period; That could be bad news&period; People who spend early do not spend late&period; The month before Christmas looks bleak for retailers&period; Inflation has surged for most of 2022&comma; and the recession has begun to make consumers cautious&period;<&sol;p>&NewLine;<p>The National Retail Federation expects holiday spending to rise as little as 6&percnt; this year to &dollar;963 billion&period; Its forecast covers November and December&period; Last year&comma; the final figure for that period was just below 14&percnt;&period; The NRF is the retail industry’s lobbying group&comma; so it may be optimistic&period; The organization admits inflation and higher prices are headwinds&period; It hopes Americans have saved enough money this year to be aggressive shoppers&period; That assumes they will not want to save their money for what could be a difficult year financially in 2023&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Headwinds” is a code word for difficulty&comma; and the observation is apt for several reasons&period; Big retailers already have started to show signs their sales will suffer&period; Holiday hiring is low&period; CNN Business reported that retailers are already cautious&period; That will suck hundreds of thousands of temporary workers out of the economy&period; Those workers would have been shoppers&comma; albeit ones with modest amounts of money in their pocketbooks&period; That part of consumer spending is reduced&period;<&sol;p>&NewLine;<section id&equals;"email-subscribe" class&equals;"section section-email-sub single-email-sub"><&excl;-- div&period;svg-icon --><&sol;p>&NewLine;<div class&equals;"container">&NewLine;<div class&equals;"subscribe-message" style&equals;"line-height&colon; 1&period;3&semi;">&NewLine;<p>Get Our Free Investment Newsletter<&sol;p>&NewLine;<&sol;p><&sol;div>&NewLine;<&sol;p><&sol;div>&NewLine;<&sol;section>&NewLine;<p>One of the most alarming signals of holiday trouble is that Amazon is about to fire 10&comma;000 people&period; The move would be less likely if it expected a large uptick in sales&period; Amazon’s e-commerce sales have been lighter than usual&period; It offered weak guidance for the final quarter of the year&period; No other American corporation is a better indicator of holiday sales trouble&comma; with the possible exception of Walmart&comma; the largest retailer in the country&period;<&sol;p>&NewLine;<p>Extremely weak retailers like Bed Bath &&num;038&semi; Beyond may disappear if sales are not robust&period; And retailers like Gap may need to get much smaller next year&period;<&sol;p>&NewLine;<p>Inflation makes people feel poor&comma; even if their income exceeds the poverty level by a wide margin&period; The consumer price index rose 7&period;7&percnt; last month&comma; compared to a year ago&period; While that slowed from previous months&comma; by the standard of recent history&comma; it remains at troubling levels&period; Lower-class and middle-class Americans have had their spending power dented by mundane costs like fuel&comma; food and some clothing&period;<&sol;p>&NewLine;<p>There are only 40 shopping days until Christmas and&comma; right now&comma; those days do not look good for retailers&period;<&sol;p>&NewLine;<div id&equals;"smartasset" style&equals;"margin-bottom&colon; 1em&semi; margin-top&colon; 1em&semi;">&NewLine;<p><b>Sponsored&colon; Tips for Investing<&sol;b><&sol;p>&NewLine;<p>A financial advisor can help you understand the advantages and disadvantages of investment properties&period; Finding a qualified financial advisor doesn’t have to be hard&period; SmartAsset’s free tool matches you with up to three financial advisors who serve your area&comma; and you can interview your advisor matches at no cost to decide which one is right for you&period; If you’re ready to find an advisor who can help you achieve your financial goals&comma; get started now&period;<&sol;p>&NewLine;<p>Investing in real estate can diversify your portfolio&period; But expanding your horizons may add additional costs&period; If you’re an investor looking to minimize expenses&comma;&Tab;consider checking out online brokerages&period; They often offer low investment fees&comma; helping you maximize your profit&period;<&sol;p>&NewLine;<&sol;div>&NewLine;<p>&Tab;&Tab;&Tab;&Tab;<&excl;-- &num;post-footer--><&sol;p><&sol;div>&NewLine;

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