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

Consumer Sentiment & Shopping Trends - 84% of consumers are skeptical about Black Friday pricing, believing it's inflated [2] - Over half of consumers plan to shop on Black Friday and Cyber Monday [2] - Among the 18-24 demographic, a key shopping group, this figure rises to 70% [2] - Consumers are focusing on finding deals on everyday items due to current economic conditions [3][4] - The "lipstick effect" is observed, with consumers seeking smaller, affordable luxuries [4] Retail & Payment Processing Insights - Lightseed's retail data is primarily from the US market [7] - Lightseed has observed strong performance in hospitality markets in Europe throughout the year [7] - Lightseed sees good same-store sales in bikes, sports, and outdoor apparel segments, indicating shopping activity among higher-income consumers [6]