Retailers prepare for cautious Christmas as a chill settles on consumers
A late Black Friday and a mild October mean seasonal sales have got off to a slow start, and hopes are not high
Shoppers may be preparing to swoop for Black Friday bargains this week, but retailers are expecting a “cautious Christmas”, with households concerned about high energy and housing costs, as well as the potential impact of the recent budget.
Trade has been slow in the run-up to the US-inspired promotional spree, which is a week later than last year, as shoppers held off buying presents in the hope they can snap up a bargain. Continue reading...
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