PORTLAND, Ore. (KOIN) — Memorial Day falls on May 30 this year and shoppers can count on seeing a lot of great deals during the holiday weekend.
Knowing that many consumers have an extra day off from work, retailers offer a slew of sales over Memorial Day weekend – and we predict that shoppers are going to be ready to shop this year.
- More than half (61%) of Americans are likely to shop or celebrate Memorial Day this year
- The top categories that Americans plan to shop during Memorial Day weekend this year include:
- Food & Beverage – 57%
- Clothing – 39%
- Decorations – 28%
- Home and Garden – 27%
- Given the impacts of inflation, most shoppers are expecting their budgets to be modest (74% planning to spend under $99), but over a quarter (26%) are already planning to spend over $100.