Holiday Season Moves Into High Gear but Challenges Remain

Holiday Season Moves Into High Gear but Challenges Remain
Black Friday shoppers walk past Macy's flagship store in New York's Herald Square, on Nov. 27, 2020. Mary Altaffer/AP Photo
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NEW YORK—Buoyed by solid hiring, healthy pay gains, and substantial savings, shoppers are returning to stores and splurging on all types of items.

But the big question is: How much will supply shortages, higher prices, and staffing issues dampen their mood this holiday season?