Retailers Brace for a Challenging Holiday Season with Emphasis on Discounts

June 16, 2023 : Despite significant drops in inflation, a buoyant stock market, and robust national retail sales, retailers are bracing for a lackluster holiday spending season in 2023, according to the latest CNBC Supply Chain Survey. Early indications from peak season order activity suggest that retailers order less and expect consumers to seek discounts and incentives to encourage purchases.