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Thanksgiving sales numbers suggest strong season for retailers
During the five-day Black Friday weekend, 122.7 million holiday consumers hunted for deals in stores, a 17% increase from last year, while 130.2 million shopped online, up 2% from 2021, according to the National Retail Federation.
NJ retailers optimistic ahead of Black Friday
Despite concerns about inflation and rising interest rates plaguing the 2022 holiday shopping season, several forecasts have predicted that while consumers will spend, they’ll be looking to do so early – and wisely.
Safe shopping
Just over half of all shoppers are nervous about shopping for holiday gifts in stores due to COVID-19, and 1 in 3 say their financial situation is worse year over year, according to Deloitte’s 2020 Holiday Survey: Reimagining Traditions. While these findings don’t mean that consumers are shirking Black Friday and Small Business Saturday entirely this year, 2020 holiday retailing certainly will[...]
