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It’s beginning to look a lot like a cheapskate Christmas. A survey by the NPD Group finds 20 percent of consumers plan to spend less on gifts this holiday season, vs. 12 percent planning to spend more. “In addition, most consumers plan to ‘shop for value’ this holiday season by waiting for sales and spending more at discount retailers.” Forty-nine percent of respondents said buying on sale is “more important” to them this year than in 2001.
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