This Week in Retail: Turkey is the Talk of the Town
Now that November is within reach, the floodgates have opened for holiday campaigns. The protagonist of the show—turkey—has garnered widespread attention and snatched headlines this year as tight supplies and high prices could make procuring the Thanksgiving centerpiece more challenging.
However, some retail outlets continue to utilize turkey as a loss leader and have already begun promoting minimum in-store spending deals for heavily discounted or free turkeys, along with hams and other staples for the holiday.
Consumer spending at retail this year is under question as household bills remain high in the face of inflation—forcing some consumers to reconfigure their budgets...
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