Holiday sales flat at $64.5B, retailers forced to offer deals
Heading into Black Friday, online retail sales are $64.59 billion, which is flat compared to a year ago for the first three weeks of the season
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Heading into Black Friday, online retail sales are $64.59 billion, which is flat compared to a year ago for the first three weeks of the season
Months of discounting leading into the holiday shopping season could take the punch out of Black Friday and Cyber Monday this year.
As inflation continues to remain elevated, more American citizens are finding it difficult to pay their bills according to a survey by LendingTree.
Holiday deals are coming back, bringing a measure of relief for U.S. shoppers squeezed by inflation.
Major retailers like Amazon, Walmart and Target are offering earlier holiday deals this year as they extend the shopping season amid rising inflation.