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Inflation-wary US consumers flock to 'Black Friday' deals

  • U.S. consumers are expected to spend $10.8 billion online this year, which is nearly a 10% increase from last year, according to Adobe Analytics.
  • Approximately 85.6 million shoppers are projected to visit stores this year, an increase from 76 million last year, according to the National Retail Federation.
  • Shoppers are more cautious and reluctant to spend due to inflation, seeking good deals amidst only 26 shopping days between Thanksgiving and Christmas.
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Inflation-wary US consumers flock to 'Black Friday' deals

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. © New Straits Times Press (M) Bhd

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pme.ch broke the news on Friday, November 29, 2024.
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