Retailers Offer Last-Minute Sales as Holiday Shopping Season Ends

Despite Economic Concerns, Consumers Increased Spending

Retailers are offering last-minute sales and incentives to attract shoppers who have delayed their holiday shopping.
Despite concerns over rising credit card debt and falling savings, consumers increased their spending from October to November.
More shoppers are using 'buy now, pay later' plans this holiday season, leading to a predicted 17% surge in this type of payment.
The National Retail Federation expects U.S. holiday sales to rise 3% to 4% from November through December, lower than last year's 5.4% growth.
Salesforce predicts a surge in shoppers using services that allow them to buy online and pick up items in-store as the online delivery window closes.