Memorial Day shopping outlook looks grim, indeed

Poppy Slater

With Memorial Day on the horizon, the general consensus is that inflation and supply chain issues will curb consumer shopping activity.

Retailers are getting creative on how to move merchandise in a sour economic climate.

“Sales have already started, so we’re seeing things like Ace Hardware offer free items with grill purchases over $399 for members of its loyalty program,” said Julie Ramhold, consumer analyst at Deal News, a retail shopping platform. “This is pretty specific, rather than just offering a free gift with a certain purchase or select purchases over a certain amount, so deals like this are only going to apply to shoppers with very specific goals in mind.”

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