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Will High Inflation Make Black Friday A Bust?

11 days ago   |   By FOX News Radio

It's Black Friday and while it's no longer seen as the unofficial kickoff to the Holiday shopping season, the day is still important to retailers. This year, with Americans coping with inflation and feeling on edge about the direction of the economy, there seems to be even more concern about how much consumers will buy in the coming weeks. Gerald Storch, CEO of Storch Advisors and former CEO of Hudson Bay Company and Toys “R” Us joins the Rundown to preview this year's holiday shopping season and discuss how he thinks both consumers and retailers will be impacted by inflation and supply...
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Holiday shopping kicks off with inflation dampening spirits

Holiday shopping kicks off with inflation dampening spirits

11 days ago   |   By Wood TV

NEW YORK - While Black Friday will mark a return to familiar holiday shopping patterns, uncertainty still remains.
The U.S. job market remains strong, consumer spending is resilient and inflation has been slowing. But elevated prices for food, rent, gasoline and other household costs have taken a toll on shoppers.
As a result, many are reluctant to spend unless there is a big sale and are being more selective with what they will buy - in many cases, trading down to cheaper stuff and less expensive stores.
What makes a Black Friday deal worth it?
Shoppers are also dipping more into their...
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