Discounts and deals abound around Thanksgiving, but other days may offer better prices for holiday shopping, according to retail experts.

This year may be a mixed bag for discounts, as some business owners have told CBS News that rising costs are giving them less room to roll out aggressive holiday sales. Still, holiday spending this year could top $1 trillion for the first time, according to a forecast from the National Retail Federation, which expects roughly 187 million people to shop between Black Friday and Cyber Monday this year.

So far in 2025, consumer spending has been driven by high-earning households , while low- and middle-income families are feeling pinched by inflation and affordability pressures, economic research shows.

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