Weak economy looms over holiday shopping season as consumers seek value: retailers – Winnipeg Free Press
Breaking News, Sports, Manitoba, Canada
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Breaking News, Sports, Manitoba, Canada
Among the usual trappings are new factors that could shake up holiday shopping, the busiest season of the year: inflation, and the high interest rates the Bank of Canada has imposed to fight it.
Santa is hearing Christmas wishes from children at malls adorned in holiday regalia, stores are teeming with eggnog and gingerbread treats and a barrage of marketing campaigns are promising the perfect gift is just one credit card swipe away.
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