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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.
United States Anne Dinnocenzio Brian Cornell Marc Metrick Marshal Cohen Barbara Lindquist

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Holiday spending expected to grow as discounts, flexible spending plans heat up

The Casselberry family juggles a lot in December. One of their sons celebrates a birthday, and the holiday season kicks into full gear. Shopping at Walmart in Cranberry earlier this month, Josh and Riva Casselberry and their boys, Elliot, 4, and Sullivan, 2, took advantage of a break in their
Dan Reed Denzel Carter Ted Rossman Josh Casselberry Jack Kleinhenz Matthew Shay

Black Friday is almost here. What to know about the holiday sales event's history and evolution

If you didn't already guess it from a barrage of sales ads in your inbox, the holiday shopping season is upon us. While Black Friday may no longer look like the crowd-filled, in-person mayhem that it was just decades ago — in large part due to the rising dependence on online shopping that was accelerated by the COVID-19 pandemic — the holiday sales event is still slated to attract millions of consumers. The National Retail Federation projects that an estimated 182 million ar...
United States Jay Zagorsky Jie Zhang Commerce Department National Retail Federation Us Commerce Department
Source: yahoo.com

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