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Black Friday discounts loom as retailers look to shift unsold stock


I wish we hadn't been so willing to embrace this Black Friday nonsense. I'm sure the idea was driven by the larger players needing a further excuse to drive turnover, by discounting (regardless of margin). Now customers hold back on spending until Black Friday, which in turn leaves stock unsold. Then retailers feel that they need to discount stock to move it.

Posted date

19 November 2014

Posted time

4:31 pm