ANALYSIS-Britain’s Black Friday shoppers go second-hand in hunt for value
Written by Black Hot Fire Network on November 23, 2023
As Black Friday kicks off the holiday shopping season, retailers and manufacturers anticipate a growing number of British consumers will be hunting for refurbished and pre-owned bargains to save cash and shop more sustainably.
As persistent inflation and high mortgage rates dent shoppers’ ability to spend, second-hand sellers like e-commerce firm eBay Inc EBAY.O and British charity Oxfam say they are anticipating increased sales of used items from vacuum cleaners to clothes.
Acknowledging that their new products remain out of reach for many shoppers, more manufacturers are offering refurbished merchandise at . . .
