NEW YORK: Inflation-weary shoppers were expected to turn out in record numbers for deals on Black Friday. But thin crowds were seen outside many stores in New York, Raleigh, Chicago and Los Angeles on what historically has been the busiest shopping day of the year.
"Usually at this time of the year you struggle to find parking. This year I haven't had an issue getting a parking spot," Marshal Cohen, chief industry adviser of the NPD Group Inc said. JR Moran, 49, gripped strands of red and green tinsel and felt antlers, which he planned to use for an"ugly sweater". But he said he would make other holiday purchases online."Online shopping is more convenient nowadays," he said.
Consulting firm Kearney said its checks showed apparel retailers were the most active with sales, offering as much as 60 per cent off on merchandise. TV sets and electronics also saw strong discounts to tempt consumers who have been tightening their purse strings. "It's hard to tell how Black Friday is panning out so far," said Michael Brown, a partner at Kearney."We have to look at the whole holiday season. The slowness in purchasing might get pushed out to Cyber Monday or further."
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