Taking the Temperature of U.S. Holiday Retailing

The video discusses current sales trends, highlighting increased discounting and the impact of holiday shopping events on consumer behavior. It explores the gap between high consumer confidence and actual spending, noting challenges faced by retailers, especially in apparel. The video also examines financial considerations, such as interest rates and savings, in the context of consumer spending habits.

In which sectors are consumers still spending, according to the text?

What challenges are department stores facing in attracting customers?