Canadian shoppers are out deal-hunting during a muted Black Friday as decades-high inflation weighs on consumers and prompts some to rein in spending.
“We’re seeing a dilution of Black Friday as a physical shopping event where you go to the store early in the morning,” retail analyst Bruce Winder said Friday. Overall Black Friday sales are expected to be strong as inflation intensifies the hunt for deals, experts say.Stores that offer blowout deals of up to 70 per cent off will be busy while retailers with more tepid discounts won’t see the same traffic online or in stores, Winder said.
Meanwhile, after years of pandemic health restrictions, shopping in brick-and-mortar stores is expected to make a comeback this holiday season, including on Black Friday.
Sorry, I can't afford to shop. I have an oil furnace.
Better bail out the malls then. 'How will they survive.' - Justinflation
JUST INFLATION WE ARE BROKE
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