Black Friday Sale: Inflation Clouds Sale Kickoff; Thanksgiving Sale Hit Record $5.29bn

This year US shops spent nearly three percent more online on Thanksgiving Day. Consumers kicked off his biggest shopping event on a strong note and eased worries of a lackluster holiday season. Meanwhile, black Friday is also expected to see a modest increase compared to last year. Thanksgiving sales hit a record 5.29 billion dollars even as inflation worries and holiday deals starting as early as October were expected to lead to a one percent decline.

However, inflation on basic goods is still a real issue and many shoppers say they are prioritizing how they're spending their money on big ticket items and non-essentials even online. Out of nowhere you know everything is so expensive. So, it's a huge influence on your lifestyle. the way you shop and the way you need to prepare yourself. When you go and get something. that you cannot be taking A, B, C, and D. You may be just like A and B.

Black Friday is expected to bring in nine billion dollars from online sales, a modest increase of one percent from last year with shoppers now flocking to brick and mortar stores after a pandemic pause over the last two years.