Article 6SF5W Retailers prepare for cautious Christmas as a chill settles on consumers

Retailers prepare for cautious Christmas as a chill settles on consumers

by
Sarah Butler
from Economics | The Guardian on (#6SF5W)

A late Black Friday and a mild October mean seasonal sales have got off to a slow start, and hopes are not high

Shoppers may be preparing to swoop for Black Friday bargains this week, but retailers are expecting a cautious Christmas", with households concerned about high energy and housing costs, as well as the potential impact of the recent budget.

Trade has been slow in the run-up to the US-inspired promotional spree, which is a week later than last year, as shoppers held off buying presents in the hope they can snap up a bargain.

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