Inflation hovers over shoppers seeking deals on Black Friday
Shoppers eager to start holiday shopping but weighed down by inflation are hunting for the best deals at stores and online this Black Friday
Source: wdsu.com
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Margin will be the Grinch that steals Christmas as 'discount chicken' joins turkey on the retail Holiday menu
Rob Garf, General Manager of Salesforce Retail, highlights some transformative shifts in digital retail as the sector enters its most important few weeks of the year.
Source: diginomica.com
Early Black Friday 'Deals' Abound, But Actual Bargains Are Scarce
Retailers are slashing prices by as much as 50% on toys and other popular holiday gifts in early Black Friday deals aimed at increasingly frugal consumers - but the bargains aren't what they seem.
Source: ibtimes.com
Once-aspirational luxury shoppers turn into penny pinchers
The spending pullback signals an end to the U.S. luxury industry's unprecedented pace of growth during the past two years.
Source: pressherald.com
Margin pressures threaten 10pc of retail profits: Salesforce
Inflation in the form of skyrocketing retailer costs and increased consumer prices will dampen the 2022 holiday shopping season although November and December sales are expected to reach $1.12 trillion worldwide.
Source: tradearabia.com