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Holidays will disappoint as inflation-battered shoppers ‘running out of money’: ex-Target exec

Holidays will disappoint as inflation-battered shoppers ‘running out of money’: ex-Target exec

Storch cited sticky inflation that has kept prices high — putting strain on consumers’ wallets — and a tense geopolitical atmosphere, as former President Donald Trump and Vice President Kamala Harris remain neck and neck ahead of the election and wars rage in Gaza and Ukraine.