Bargain-hunting shoppers will be expecting retailers to cut prices by a greater margin this year as they tighten their belts amid a worsening cost-of-living crisis.
U.K. consumers are set to cut back by the greatest margin in the region, spending 18% less, while those in France and Germany both plan to reduce their spend by 15% and Spain by 13%.
That is piling the pressure on retailers, already struggling to recover from a Covid-19 slowdown and attract increasingly cost-conscious consumers. Meantime, many companies, seeking to correct shortcomings and supply issues from last year, have built up vast inventories of stock that they are now under pressure to shift.managing director of commercial solutions, Barclays Payments
That could see retailers extend their discounts across the month, increasing buying opportunities for consumers who have the money to spend.U.K. transactions rose 3.8% annually in the week leading up to Black Friday, according to new data from Barclays Payments, one of the country's leading payment processors.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Black Friday 2022 live blog: Today's PS5 restock, the best Black Friday deals and moreBlack Friday 2022 isn't until Nov. 25, but the early Black Friday deals have already begun at Amazon and Walmart.
Lire la suite »
Saks’s Black Friday Sale Is On! 40 Delightful Deals to Shop NowStart your Black Friday shopping now with Saks’s Black Friday Sale.
Lire la suite »
Black Friday Bargain: Apple AirPods Are Back On Sale for Just $79AirPods are on sale for $79 during Amazon’s early Black Friday sale.
Lire la suite »
The Real Black Friday outdoor market promotes Black businesses - Jacksonville Business JournalThe Real Black Friday Melanin Market will take place on the Historic Eastside at 822 A. Philip Randolph Blvd.
Lire la suite »
The Real Black Friday outdoor market promotes Black businesses - Jacksonville Business JournalThe Real Black Friday Melanin Market will take place on the Historic Eastside at 822 A. Philip Randolph Blvd.
Lire la suite »
The Real Black Friday outdoor market promotes Black businesses - Jacksonville Business JournalThe Real Black Friday Melanin Market will take place on the Historic Eastside at 822 A. Philip Randolph Blvd.
Lire la suite »