share_log

20 Black Friday Deals: How Much Buying Power Do Shoppers Wield?

Benzinga ·  11/25/2023 03:27

Inflation may have sapped our spending power this Black Friday.EY-Parthenon, in a recent report, expects just a moderate 3% rise in retail sales during the 2023 holiday season, with risks leaning to the downside. That's far behind the 5.8% advance in 2022 and the 13.2% post-pandemic rebound in 2021.Still, holiday sales are projected to reach their highest level on record, at $979 billion in 2023. In a bid to lure customers into their stores or online platforms, these retailers are offering exclusive perks:Amazon.com Inc. (NASDAQ:AMZN) is populating the Black Friday feed on X (previously Twitter), which is how we learned

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment