By Sara Myers, Beloit Daily News – Nov 22, 2022
BELOIT- The Thanksgiving holiday is coming this Thursday followed by the busy holiday shopping season that follows with Black Friday on Nov. 25, Small Business Saturday Nov. 26 and Cyber Monday on Nov. 28.
Many small businesses in the Beloit area are getting ready to greet shoppers with hopes that sales will be brisk and an improvement over the last few years that were impacted by the pandemic.
According to an Innovating Commerce Serving Communities article, a survey found that U.S. consumers plan to spend a total of $125 billion this year, a 10% increase from 2021. ICSC also reports that 89% of consumers are expected to shop over the Thanksgiving holiday from Thursday through Monday, despite inflation and rising interest rate concerns.
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