Black Friday finds picky US shoppers waiting for bigger bargains
Saturday, 25 November 2023 US consumers are watching their wallets and holding out for deeper discounts, setting retailers up for a subdued holiday shopping season. Estimates suggest that online US sales will grow 1% in November and December compared to last year, the slowest growth in at least five years. Shoppers are unimpressed by the discounts offered on Black Friday and are likely to wait for better sales. Retailers have managed to reduce their inventory this year, resulting in less pressure to move merchandise.
Economists Predict Strong, Holiday Sales Despite , Waning Black Friday Interest.
'Forbes' reports that over half of shoppers in the
United States are expected to skip this year's Black
Friday sales, looking for better deals amid high inflation.
Deal-hungry consumers will play
a game of chicken...
The "Black Friday" shopping day kicked off with big discounts as retailers try to attract holiday gift buyers. Markdowns are expected to be deep due to the... IndiaTimes
Saturday, 25 November 2023
