The 2023 holiday shopping season could be the best retailers have seen in years after extended uncertainties and supply chain disruptions tied to the COVID-19 pandemic. Bankrate Senior Analyst Ted Rossman joins Yahoo Finance Live to comment on forecasts for holiday shopping spending by US consumers and in-store traffic.
“About 7 in 10 holiday shoppers say they are going to buy at least one thing in person and they are going to buy at least one thing from a small business,” Rossman states. “We see similar figures for online and big businesses. So there’s a lot of parity this year.”
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