Consumer sentiment could be setting up retailers for gloomy holiday

Sales floor of a Neiman Marcus store

Global inflation may finally be taking its toll on consumers. 

A new survey of more than 8,000 consumers and 800 merchants in eight countries found that holiday shopping will be muted this year, with as much as $46 billion in total being cut from spending budgets.

The Holiday Shopping Trends Report: Winning Customers Despite Uncertainty, conducted by Auctane and Retail Economics for ShipStation (Auctane is the parent company of ShipStation), found a disconnect between shoppers and merchants.

Accord...

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