Cost-of-living crisis casts shadow over Europe's Black Friday

Summary by Reuters

Europe's retailers are hoping Black Friday discount day will get shoppers spending, though it is taking place against a backdrop of a worsening cost-of-living crisis and the distraction of the soccer World Cup.

Published 2 months ago · Madrid, Spain

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Times of India

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% year-on-year which masks a big drop in volumes once inflation is accounted for.

2 months ago·Mumbai, India

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Reuters

Cost-of-living crisis casts shadow over Europe's Black Friday

2 months ago·United Kingdom

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The Star Kuala Lumpur

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

2 months ago·Malaysia

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Financial Post

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.

2 months ago·Canada

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The Globe & Mail

Cost-of-living crisis casts shadow over Black Friday in Europe

Retailers across Europe fear the overall Christmas trading season could be the worst in at least a decade as shoppers cut back, while the costs of doing business show no sign of abating

2 months ago·Canada

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Al Arabiya

Cost-of-living crisis casts shadow over Europe’s Black Friday sales

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

2 months ago·Saudi Arabia

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