NEW YORK — Black Friday marks a return to familiar holiday shopping patterns, but inflation is weighing on consumers.
Shoppers are also dipping more into their savings, turning increasingly to “buy now, pay later” services like Afterpay that allow users to pay for items in installments, as well as running up their credit cards at a time when the Federal Reserve is hiking rates to cool the U.S. economy.
But some pandemic habits are sticking around. Many retailers that closed stores on Thanksgiving Day and instead pushed discounts on their websites to thin out crowds at stores are still holding onto those strategies, despite a return to normalcy.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Black Friday 2022: Best Black Friday deals and sales | TODAYBlack Friday is on November 25. Plan your Black Friday shopping with the best deals of 2022. Find the latest sales on beauty, tech, home, fashion and more.
Source: TODAYshow - 🏆 389. / 55 Read more »
Saks’s Black Friday Sale Is On! 40 Delightful Deals to Shop NowStart your Black Friday shopping now with Saks’s Black Friday Sale. Is this intentional? I seriously would've rethought this campaign image. Lol.
Source: voguemagazine - 🏆 715. / 51 Read more »
How will pressures of record inflation affect Black Friday shopping?Paying more at the grocery store and at the pump have sadly become the norm with 8% inflation. So, what does that mean for Black Friday shopping this year? A local economist says it's anyone's guess.
Source: wjxt4 - 🏆 246. / 63 Read more »
Black Friday deals are harder to find and it's not inflation (this time)Best Buy and Walmart don't have traditional Black Friday ads this year. Even “inflation” isn’t inflation. It’s mostly greedy corporations raising prices much higher than their cost increases and complaining that it’s inflation. Is that why retailers are less optimistic about Q4 earnings? NO! WE NEED OUR CONSUMERISM NOW!
Source: axios - 🏆 302. / 63 Read more »
Shoppers anticipating Black Friday bargains despite rising inflationNormally shoppers would be heading out the door after they’ve cleaned their plates Thursday.
Source: FOX10News - 🏆 581. / 51 Read more »
Black Friday shopping expected to find a resurgence as inflation drives demand for bargainsShoppers told Deloitte that they planned to spend 50% of their holiday budget during the Black Friday-Cyber Monday stretch, compared with 43% last year, said Rod Sides, insights global leader at Deloitte. Is it the same budget?
Source: MarketWatch - 🏆 3. / 97 Read more »