
Retailers slash prices as holiday shoppers search for best deals early amid inflation
CBSN
Forget about Black Friday. Holiday shoppers are already hunting for the best deals.
Half of this year's gift givers say they plan to start shopping by the end of October, according to a Bankrate survey. That's why Target rolled out its Deal Days event this week, slashing prices up to 50%. It was timed just days ahead of Amazon's highly anticipated Prime Early Access Sale.
"Retailers definitely have an arms race to reach shoppers while a shopper still has her or his money to spend on holiday items," said Burt Flickinger, managing director for Strategic Resource Group, a retail consulting firm.

Robert Morris, founding pastor of Gateway Church, a megachurch in Southlake, Texas, has been indicted on five counts of lewd or indecent acts with a child, stemming from alleged incidents dating back to the 1980s, the Oklahoma attorney general's office announced Wednesday. We are aware of the actions being taken by the legal authorities in Oklahoma and are grateful for the work of the justice system in holding abusers accountable for their actions. We continue to pray for Cindy Clemishire and her family, for the members and staff of Gateway Church, and for all of those impacted by this terrible situation.