The mad scramble between Thanksgiving and Christmas has begun — but with six fewer days.
Catch up on the developing stories making headlines.
Shoppers up since the wee hours slept in chairs at Nashville’s Opry Mills mall, known for its outlet stores. Outside, deal-seekers were still fighting for parking spots by midmorning. Last year’s holiday sales were hurt by turmoil over the White House trade policy with China and a delay of nearly a month in data collection because of a government shutdown. This year’s holiday forecast is above the average holiday sales growth of 3.7% over the previous five years.
With discounts coming earlier this year, Marshal Cohen, chief industry analyst at market research firm NPD Group Inc., believes the biggest sales day of the year will be a toss-up between Black Friday and the last Saturday before Christmas. In Europe, though, Black Friday drew a backlash from activists, politicians and even consumers who criticized the U.S. shopping phenomenon as capitalism run amok. Climate demonstrators blocked a shopping mall near Paris and gathered in front of Amazon’s headquarters. Workers at Amazon in Germany went on strike for better pay. Some French lawmakers called for banning Black Friday altogether.
“It looks empty for Black Friday,” said Latoya Robinson, a student who lives in New York and planned to stop by Forever 21 and Macy’s to shop for herself.
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