Black Friday 2024: Record Sales, Smart Shopping Tips, and the Origin Story

1 min read
Source: NPR
Black Friday 2024: Record Sales, Smart Shopping Tips, and the Origin Story
Photo: NPR
TL;DR Summary

This holiday season is expected to see record spending, with consumers planning to shop heavily between Black Friday and Cyber Monday. Despite inflation concerns, people are budgeting more for gifts, with parents spending an average of $1,014. Retailers anticipate a surge in shoppers, driven by the desire for discounts amid higher living costs. Popular gifts include electronics, toys, and experiences, with discounts predicted to peak on specific days for different categories. The trend of gifting experiences continues to grow, reflecting a shift in consumer preferences.

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