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Us Retailers

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Retailers Extend Black Friday Deals Amid Shoppers' Waning Interest
business1 year ago

Retailers Extend Black Friday Deals Amid Shoppers' Waning Interest

US retailers like Walmart, Amazon, and Target are extending Black Friday deals over several weeks to boost consumer spending amid signs of slowing economic growth. Despite deep discounts, general merchandise sales have declined, and the National Retail Federation predicts modest holiday sales growth. Retailers are targeting both low and high-income consumers with promotions, as inflation concerns persist. The potential return of Donald Trump and associated tariff policies could further impact inflation and economic growth.