Bargain Hunters Ditch Stores for Online Deals

The video discusses shopping trends over the weekend, highlighting a decrease in in-store traffic but an increase in online spending. It examines the impact of discounting on retail margins and the planned nature of these discounts. The outlook for the holiday shopping season is optimistic, with factors like low unemployment and gas prices contributing to consumer confidence. However, retailers remain cautious about inflation and the persistent need for discounting. The potential impact of the Trump effect on retail is also considered, with mixed expectations about its influence on consumer spending.

What is the current consumer sentiment regarding spending and discounts?

How might the political climate, specifically the 'Trump effect', influence consumer behavior during the holiday shopping season?