Cost-of-living crisis casts shadow over Europe's Black Friday
9 Articles
9 Articles
Roundup: Cost-of-living crisis casts shadow over Black Friday across Europe
LONDON, Nov. 25 (Xinhua) -- Retailers across Europe usually experience high footfall in the Black Friday shopping frenzy but as this year surging prices have eroded real wages and reduced living standards, consumers tend to stay more cautious about their spending. Read full story
Cost-of-living crisis casts shadow over Europe's Black Friday
LONDON -- Europe's retailers are hoping Black Friday discount day will get shoppers spending, though it takes place against a backdrop of a worsening cost-of-living crisis and the distraction of the soccer World Cup.
Cost-of-living crisis casts shadow over Britain's Black Friday
Britons will spend 8.7 billion pounds ($10.5 billion) over the Black Friday weekend (Nov. 25 to Nov. 28), according to research by GlobalData for VoucherCodes - a rise of 0.8 per cent year-on-year which masks a big drop in volumes once inflation is accounted for.
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