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US retailers cheery about holiday season despite inflation

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AFP

New York (AFP) – After nearly two years of pandemic gloom, American consumers appear primed to spend generously for the holidays in spite of worries over inflation and item availability. Retailers have seen strong buying interest this fall, with robust “back to school” and Halloween sales fueling optimism about the holiday season, which kicks off this week with “Black Friday.” “All indications are that US consumers are looking to celebrate the holiday season,” Target Chief Executive Brian Cornell said last week. “They are anxious to get together with family and friends.”  But gasoline prices a…

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