Retailers expect consumers to spend cautiously this holiday season
In what is shaping up to be one of the bleakest holiday seasons in recent memory in terms of consumer spending, supermarket operators are focusing on price-oriented promotions in an appeal to thrifty shoppers. “People are not going to quit eating, but there are a lot of ways to reduce your expenditures at the store,” said Al Plamann, president and chief executive officer, Unified Grocers, Los Angeles. “There's enough uncertainty out there that I would expect to see a real trend toward ...
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