Increased spending now means less stuff purchased than a few years ago. Duh!
A place for working class Whites to discuss the op thoughtfully. Black Friday in the U.S. is gloomy, consumers don’t open their wallets…”I need to discount more”. Story by sedaily • 5h According to Bloomberg and Reuters on the 24th (local time), it is expected that retailers’ performance will be weaker than the last two years following the COVID-19 pandemic, as more consumers are waiting for bigger discounts during this year’s Black Friday in the U.S. In the U.S., the period from ‘Black Friday’ (the Friday following the fourth Thursday in November, Thanksgiving Day) to Christmas and the end of the year is the biggest sale season of the year. It was a common sight for consumers to line up at offline stores from the early morning of Black Friday, as retailers offered substantial discounts for stock clearance. However, this year’s sales are expected to be weaker than usual. Salesforce, a customer relationship management (CRM) software company, predicted that ...