Retailers face ‘Bleak Friday’ as cost of living crisis hits spending – business live | Business

Written by on November 25, 2022

Introduction: Black Friday could be bleak as consumers cut back

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The stakes are high for retailers today, as they try to tempt shoppers to spend with a flurry of Black Friday offers.

But they could face a “Bleak Friday” this year, economists say, as the cost of living crisis means consumers will resist discounts on new electronics kit, homeware, clothing and the like.

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