4 ways this year's holiday shopping may be affected by the pandemic, according to a retail economist

Reuters As the holiday season slowly approaches, it's difficult to say for sure how the COVID-19 pandemic will affect shopping. Jack Kleinhenz, chief economist for trade group the National Retail Federation, estimates that four main trends will emerge in the retail industry this fall and winter. He says some consumers may not have generous shopping budgets this year, as many are struggling with unemployment and other financial burdens. Kleinhenz also says brick and mortar stores will likely need...