Walmart and US Retailers Reduce Christmas Imports Amid Sluggish Holiday Sales Forecast

Retailers anticipate a modest growth in holiday spending, driven by cautious consumer behavior and economic pressures.

Walmart's Christmas imports have significantly decreased to 340,000 kilos in the past year, compared to 980,000 kilos in the previous year.
Overall US imports of Christmas goods have fallen by 22% since 2022, reflecting retailers' cautious approach to inventory management.
The National Retail Federation projects holiday spending growth of only 2.5-3.5%, marking the slowest increase since 2018.
Retailers are adjusting their strategies by offering lower prices and more deals to attract budget-conscious shoppers.
Economic factors such as persistent inflation and high consumer debt are influencing retailers to hire fewer seasonal workers this year.