Soaring prices for food, rent and gasoline due to inflation are making American consumers turn to cheaper items at less expensive stores for their holiday shopping as they head into Black Friday.
After indulging in a Thanksgiving feast, Americans are waking up and heading to the stores in search Black Friday bargains — but this year inflation is weighing on shoppers heavier than last night’s turkey.
Cash-strapped shoppers are also dipping more into their savings, turning increasingly to “buy now, pay later” services like Afterpay that allow users to pay for items in installments, as well as running up their credit cards. Then, she will wait again until the week before Christmas to get the best deals, unlike last year when she started buying before Black Friday.
This time, however, she’ll be relying more on markdowns, her credit card and “buy now, pay later” services to get her through the shopping season because of surging prices on food and other necessities.Shoppers hit Tysons Corner Mall on Black Friday in Virginia.Plenty of shoppers like Lolita Cordero from Brooklyn, New York, are sitting out Black Friday.
But some pandemic habits are sticking around. Many retailers that closed stores on Thanksgiving Day and instead pushed discounts on their websites to thin out crowds at their brick-and-mortar locations did the same this year as well, despite a return to normalcy.The Washington Post via Getty Im Against today’s economic backdrop, the National Retail Federation — the largest retail trade group — expects holiday sales growth will slow to a range of 6% to 8%, from the blistering 13.5% growth of a year ago.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Saks’s Black Friday Sale Is On! 40 Delightful Deals to Shop NowStart your Black Friday shopping now with Saks’s Black Friday Sale.
Leer más »
Black Friday 2022: What time does Macy’s, Walmart, Best Buy, Kohls and others open Friday?Retailers will open early on Friday for Black Friday sales. Check out the list of store hours.
Leer más »
Black Friday 2022: What time does Macy’s, Walmart, Best Buy, Kohls and others open Friday?Retailers will open early on Friday for Black Friday sales. Check out the list of store hours.
Leer más »
The Real Black Friday outdoor market promotes Black businesses - Jacksonville Business JournalThe Real Black Friday Melanin Market will take place on the Historic Eastside at 822 A. Philip Randolph Blvd.
Leer más »
The Real Black Friday outdoor market promotes Black businesses - Jacksonville Business JournalThe Real Black Friday Melanin Market will take place on the Historic Eastside at 822 A. Philip Randolph Blvd.
Leer más »