We're seeing a lot of enthusiasm for Black Friday and Cyber Monday shopping, says Lightspeed CEO

Core Insights - There is significant enthusiasm for Black Friday and Cyber Monday shopping, with 84% of consumers expressing skepticism about inflated pricing, yet over half still plan to shop during this period [2][4] - The 18 to 24 demographic shows a notable increase in shopping interest, with 70% indicating they will participate in Black Friday and Cyber Monday [2][3] - Consumers are focusing on deals for everyday items rather than just larger purchases, influenced by current economic conditions, highlighting a trend known as the "lipstick effect" [4][5] Consumer Health - The retail sector is witnessing strong same-store sales for larger purchases, particularly in segments like bikes, sports, and outdoor apparel, indicating robust consumer sentiment across various income levels [6] - The holiday shopping season is expected to reflect different purchasing sizes, with a healthy outlook for consumer spending [6] International Perspective - The retail data primarily reflects the US market, while the European market, particularly in hospitality, has also shown strong performance throughout the year [7]