Tag: Black Friday discounts

Black Friday Sale Gets Boost in UK as Shoppers Seek to Save Money
Technology

Black Friday Sale Gets Boost in UK as Shoppers Seek to Save Money

[ad_1] Black Friday Sale could be more important for UK retailers this year as they try to encourage shoppers to spend cash now before the cost-of-living crisis erodes their Christmas budgets. Black Friday Sale could be more important for UK retailers this year as they try to encourage shoppers to spend cash now before the cost-of-living crisis erodes their Christmas budgets.Almost 70% of British shoppers plan to participate in the discount event imported from the US, up from 57% last year, according to McKinsey & Co. Online searches for Black Friday sales have risen by a quarter since last year as customers look to save money, according to the Audit Lab, a data research firm.  Sales in the week leading up to Black Friday have increased by a third compared to last year, according ...
Black Friday Sale 2022: Blowout Bargains Smell Musty This Year
Technology

Black Friday Sale 2022: Blowout Bargains Smell Musty This Year

[ad_1] Black Friday Sale 2022: The shopping holiday will see record online discounts on everything from air fryers to tablets. Your Black Friday bargain is most likely spring's leftover sweatpants.American retailers have too much stock of everything from toys to women's casual tops. While the markdowns will be welcomed by many cash-strapped shoppers, the holiday deals underline companies' struggle to work through bloated inventories pressuring their profits.  To recap: In 2021, supply-chain snarls left stores scrambling to fill empty shelves. Black Friday deals were stuck in the Pacific. As orders slowly made their way from Asia in the early part of this year, consumers started to rein in spending amid soaring inflation, only buying things they needed (e.g., food) and giving up splurg...