Tag Archives: Holiday expenses

NEW YORK (AP) – The ragging coronavirus epidemic kept crowds at malls and stores across the country thin on Black Friday, but retailers struggled after months of boom in online sales and a boom in online sales. In normal times Black Friday is the busiest shopping day of the year, …

The growth rate for retail sales this holiday season is forecast to be less strong than in recent years, according to forecasts released on Tuesday by consulting firm Deloitte. But, how growth is being muted will depend on how much high-income consumers split, and how much belt-tightening happens in low-income …