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U.S. shoppers to spend less this holiday season, but Amazon still stands to gain, Goldman Sachs says - CtrlF.XYZ

U.S. shoppers to spend less this holiday season, but Amazon still stands to gain, Goldman Sachs says

2 years ago 171

Amazon signage is displayed extracurricular of an Amazon.com Inc. transportation hub successful the precocious evening of Amazon Prime Day, July 12, 2022 successful Culver City, California.

Patrick T. Fallon | AFP | Getty Images

Amid mounting economical uncertainty this vacation season, astir three-quarters of U.S. shoppers program to walk little than oregon the aforesaid arsenic past year, according to a caller Goldman Sachs user survey. And Club holding Amazon (AMZN), a starring retailer for vacation income and promotions, should beryllium a apical destination for American bargain-hunters.

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