US reports “moderate” sales on Black Friday

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US reports “moderate” sales on Black Friday

First change:

Shoppers around the world flocked to physical and online stores on a new version of “Black Friday,” known in English as Black Friday. According to estimates, sales were modest compared to previous years.

The start of the important Christmas shopping season led to sales of electronics, clothing and home goods.

US shopping spending rose at its slowest pace in five years as persistent inflation puts pressure on consumer wallets. Buyer caution reflects concern over rising cost of living.

On average, US shoppers spent $875, $42 more than last year. Meanwhile, holiday shopping, clothing, gift cards and toys top the list of items sold as gifts, according to an early November survey of 8,424 adults by the National Retail Federation.

The same association estimates there will be 130.7 million shoppers in the U.S., while shopping center managers expect a slight increase in sales, between 3% and 4% compared to last year.

In Europe, “Black Friday” was marked by a strike by Amazon workers, in which they demonstrated against the e-commerce giant’s labor practices during one of the busiest shopping days of the year.

In Germany, Amazon’s second-largest market for sales, the Verdi union estimated around 2,000 workers at six Amazon fulfillment centers were on strike.

Con Reuters.

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