The holiday season is right around the corner which means attention turns to retail spending. A survey from JLL shows that holiday shoppers plan to spend $958 per person this season. JLL President of Retail Advisory Services Naveen Jaggi joins Yahoo Finance to explain consumer habits and the forecast for retail shopping, while also looking at how consumers are spending on experiences. Jaggi expounds upon recent retail behaviors of consumers: 'It's not just entertainment but also a better experience. So we're saying consumers want to spend money but they want to spend money in a better entertaining environment as much as an experiential environment.' For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
The holiday season is right around the corner which means attention turns to retail spending. A survey from JLL shows that holiday shoppers plan to spend $958 per person this season. JLL President of Retail Advisory Services Naveen Jaggi joins Yahoo Finance to explain consumer habits and the forecast for retail shopping, while also looking at how consumers are spending on experiences.
Jaggi expounds upon recent retail behaviors of consumers:"It's not just entertainment but also a better experience. So we're saying consumers want to spend money but they want to spend money in a better entertaining environment as much as an experiential environment."to watch this full episode of Yahoo Finance Live.
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