A congressional deal to end the shutdown may be an early Christmas gift for shoppers—and coal for retailers.
By staving off a Treasury default until after the New Year, the government also extended uncertainty, according to analysts. Forty percent of consumers curbed their spending during the shutdown, a figure that doesn't bode well for holiday spending.
"Most people realize they just put a Band-Aid on it," said Jeff Green, an independent retail analyst based in Phoenix. "Consumer confidence is still going to lag. People will be concerned about their jobs and the economy in general."
That has, in turn, pushed retailers to be more aggressive.
"You see more and more companies trying to get customers in before Thanksgiving, when they still have money in their pockets," said Jim Bieri, principal at Stokas Bieri Real Estate in Detroit.