-
Moody's: Pent-up demand will contribute to modest lift in holiday sales
NEW YORK — Moody's on Tuesday cut against the grain with its holiday forecasts by suggesting pent-up demand will help give retailers a reason to celebrate Black Friday despite concerns of another government shutdown in January. It's not what shoppers say they're going to not do this year, but rather an extension of how shoppers will actually spend based on last season's behavior.
-
Consumer Reports: Two-in-5 consumers will be out shopping on Black Friday
YONKERS, N.Y. — Black Friday will just be an ordinary day for the 56% of Americans who plan to do no shopping at all, according to a Consumer Reports poll released Tuesday. Conversely, 44% intend to do some shopping, up significantly from the 30% who said they shopped for gifts during last year's Black Friday weekend.
Among the top reasons Americans gave for wanting no part of shopping during Black Friday weekend were: