(MT Newswires) -- Julie Van Ullen, Chief Revenue Officer at Rakuten, discusses shopping trends for the holiday season, which started later than usual this year. Repressed demand led to strong activity in December, particularly in travel, department stores, shoes and toys, while electronics and apparel were in retreat. Inflation is cooling consumers, which could affect profit margins.
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- Julie Van Ullen, Rakuten: Consumer shyness could affect profit margins