Black Friday Sales Surge, But Consumers Get Less

Black Friday sales surged this year, with a four percent increase in overall retail sales and a nine percent jump in online shopping. However, consumers are paying more per item, with a seven percent rise in average selling price and a one percent decline in order volume. Tariff hikes, particularly on home goods, clothing, and electronics, are contributing to these higher prices. Cyber Monday is expected to see a four percent increase in sales, but it remains to be seen if deeper discounts will entice price-sensitive consumers.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.