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Retailers are ready to kick off Black Friday just as shoppers pull back on spending

Retailers are kicking off the unofficial start of the holiday shopping season on Friday with a bevy of discounts and other enticements. But executives are growing concerned with a spending slowdown that could temper sales on the day after Thanksgiving as well as throughout the holidays. Shoppers, powered by a solid job market and steady wage growth, had demonstrated a resilience that confounded economists and ran counter to sour sentiments that Americans themselves have expressed in opinion poll...
United States Anne Dinnocenzio Marshal Cohen Brian Cornell Barbara Lindquist Marc Metrick

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Retailers ready to kick off Black Friday just as shoppers pull back on spending

NEW YORK (AP) — Retailers are kicking off the unofficial start of the holiday shopping season on Friday with a bevy of discounts and other enticements. But executives are growing concerned with a spending slowdown that could temper sales on the day after Thanksgiving as well as throughout the holidays. Shoppers, powered by a solid […]
United States Brian Cornell Marshal Cohen Marc Metrick Barbara Lindquist National Retail Federation
Source: wgntv.com

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