Business
Inflation-wary US consumers flock to ‘Black Friday’ deals
字号+ Author:Smart News Source:Health 2025-01-12 09:51:20 I want to comment(0)
NEW YORK: US shoppers are out in force for “Black Friday,” but inflation nerves have left them jittery, analysts say, prompting retailers in the world’s biggest economy to come up with ever more deals. As markets and consumers eye possible turbulence during the transition from President Joe Biden to Donald Trump, there are hopes that the year’s biggest shopping season — stretching from Thanksgiving to Christmas — will be a bonanza. The National Retail Federation (NRF) said a record 183.4 million people are planning to shop over the weekend, ticking up from 182 million last year and 18.1 million higher than 2019, before the Covid pandemic derailed the global economy. The so-called “Black Friday” discounts day originated as a single day when shoppers poured — sometimes stampeded — into malls in search of incredible deals. Now the discount window extends through to “Cyber Monday” and the less dramatic online component is huge. Adobe Analytics said this year “consumers will spend a record $10.8 billion online for Black Friday” — up nearly 10 per cent from last year. But even with inflation largely tamed from the earlier post-Covid shock, Americans are wary. Holiday shoppers in 2024 are “even more preoccupied and very focused around value and discounts,” said Vivek Pandya, leading insights analyst at Adobe Digital Insights. “We do see stronger price sensitivity on the part of the consumer and they are very responsive to deals and event-tie deals,” he said.
1.This site adheres to industry standards, and any reposted articles will clearly indicate the author and source;
Related Articles
-
'Friends' star Lisa Kudrow drops major hint about iconic show sequel
2025-01-12 09:47
-
بلییک لائیوے اور جسٹن بالڈونی کا ڈرامہ اٹ اسٹارٹس ود اس میں جاری ہے۔
2025-01-12 09:35
-
شاہ چارلس کا دل پگھل گیا جب شہزادہ ہیری اور میگھن نے نیک تمناؤں کا پیغام بھیجا۔
2025-01-12 08:36
-
پرنسز ڈایانا کی بھتیجی کی زندگی: ماڈل، فلاحی کارکن، اور شاہی تعلق
2025-01-12 08:32
User Reviews
Recommended Reads
Hot Information
- Gaza health ministry says conflict death toll at 44,429
- پرنس ایڈورڈ کو اہم شاہی تقریب سے قبل ’’خفیہ مشن‘‘ دیا گیا
- شاہ چارلس نے سنگ میل سے قبل بڑا فیصلہ کیا: ’مستقبل کے لیے موزوں‘
- مینگن مارکل کے بہادرانہ قدم کے بعد شاہ چارلس کا پہلا بیان: ’گہری دکھ‘
- Prince William forced to pay fine over embarrassing stunt
- اریانا گرانڈے اور نکل کڈمین نے پام اسپرنگس ایوارڈز میں ایک دلچسپ لمحہ شیئر کیا۔
- بلییک لائیوے اور جسٹن بالڈونی کا ڈرامہ اٹ اسٹارٹس ود اس میں جاری ہے۔
- بلییک لائیوے اور رائن رینالڈز جسٹن بالڈونی کے قانونی تنازعہ کے باعث گولڈن گلوب سے علیحدگی اختیار کر گئے۔
- South Korea crash investigation ramps up as funeral procedures begin
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content