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Business Matters: Will shoppers spend big this Black Friday?

Black Friday spending bits expectation

25/11/2023 GMT

Will shoppers spend big this Black Friday?

BBC World Service - Business Matters, Will shoppers spend big this Black Friday?

With the cost-of-living crisis biting in the US, many consumers are keen to find a deal.

Over 130 million people were expected to shop in stores and online in the US this Black Friday.

It's time for one of America's favourite shopping days. 

A record 130 million people were expected to shop in stores and online in the U.S. this Black Friday - according to the country's National Retail Federation.

But forecasters had predicted the cost of living pressures on households would result in a more subdued day of spending compared to previous years. 

So how are things panning out?

(Picture: A retail store on Black Friday. Picture credit: Getty Images)

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