Thursday, December 8, 2022

Retailers are under pressure to turn deep discounts into big sales on Black Friday

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  • Black Friday weekend will take on additional importance this year after retailers like Target and Macy’s reported a recent lull in sales.
  • Retail executives chalked up the slower sales to a return to pre-pandemic holiday shopping patterns, warmer-than-usual weather and the midterm elections.
  • A record number of people — 166.3 million — are expected to shop over the long weekend, according to the National Retail Federation.

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Disclaimer: This story is generated from RSS Feed and has not been created or edited by Waba News. Publisher: CNBC

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