Retailers Extend Black Friday Deals Amid Shoppers' Waning Interest
TL;DR
US retailers like Walmart, Amazon, and Target are extending Black Friday deals over several weeks to boost consumer spending amid signs of slowing economic growth. Despite deep discounts, general merchandise sales have declined, and the National Retail Federation predicts modest holiday sales growth. Retailers are targeting both low and high-income consumers with promotions, as inflation concerns persist. The potential return of Donald Trump and associated tariff policies could further impact inflation and economic growth.
Topics:top-newsbusiness#black-friday#business#consumer-spending#economic-growth#inflation#us-retailers
- US retailers stretch out Black Friday deals to lure flagging shoppers Financial Times
- Why Black Friday Is Losing Popularity With Holiday Shoppers Forbes
- Shoppers Struggling With Inflation Being 'Selective' Ahead of Black Friday Newsweek
- Black Friday can’t come soon enough for retailers Yahoo Finance
- Why Is It Called Black Friday? About the Origin of the Name HollywoodLife
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