Thursday , November 26 2020

Black Friday has arrived: retailer starts Christmas sales | World | USA



Believe it or not, that Black friday has begun

Walmart Inc. and Best Buy Co. They are among the big retailers that launch Christmas deals on products such as ultra-high-definition smart TVs, laptops and game consoles on Thursday.

Amazon.com Inc. also promoting Black Friday discounts early, temporarily Target Corp will launch offers this weekend in home decor and beds.

The frenzy shows that rules change when retailers prepare to compete for what could be the strongest Christmas sales period in several years, driven by strong consumer confidence and low unemployment.

Retail sales increased 6.1% in the week ended November 3, which provided an additional boost for the US chain that offered free shipping and other incentives to capture the first buyers looking for opportunities.

A special factor this year is the loss of Toys "R" Us, which has achieved sales of $ 100,000 million, according to Target. Bankruptcy Sears Holding Corp. You can create additional opportunities for large retailers.

It is estimated that year-end sales will grow 5.8% this year and will exceed US $ 1 billion for the first time, according to research firm eMarketer.

Black Friday – the day after the Thanksgiving holiday in the United States – traditionally marks the start of the holiday shopping season.


Source link