Consumers Aren't On A Shopping Spree This Black Friday

The Conversation, Crooks and Liars
Thu, 11/24/2022 - 5:00pm

Ayalla A. Ruvio, Michigan State University and Forrest Morgeson, Michigan State University Retailers are gearing up for another blockbuster holiday shopping season, but consumers burned by the highest inflation in a generation may have other ideas. Industry groups are predicting another record year of retail sales, with the National Retail Federation forecasting a jump of 6% to 8% over the US$890 billion consumers spent online and in stores in November and December of 2021.read more

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Consumers Aren't On A Shopping Spree This Black Friday

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