>>NRF: Holiday Shopping Starts Nov. 1st; Consumers Will Spend More
(Undated) -- Some Virginia residents have already begun and some will wait until the last minute, but the National Retail Federation says holiday shopping will still be big this year. Rebecca Hughes with more.Preview: Wrap Script:
(sound offtop)Preview: National Retail Federation CEO Matt Shay says studies show what holiday shoppers are looking for.Preview: He says consumer surveys show shoppers will not cut back on spending between November 1st and December 31st.Preview: Shay added that consumers can expect to spend up to 3.5% more on holiday items this year compared to last year.