BEIJING: Chinese consumer spending grew at a slower-than-expected pace in November, data released on Wednesday showed, with analysts warning that an uptick in coronavirus cases was dampening sentiment and adding to questions over a rebound in the world’s second-largest economy. China’s economy bounced back quickly from the pandemic after authorities contained Covid-19 with strict border controls … Read more
ISTANBUL: Instead of Black Friday discounts, consumers in Turkey were faced with steep price hikes for Apple products after the value of the lira hit new record lows this week. Certain Apple devices were 25 per cent more expensive than usual on Friday, with some increases worth more than the local minimum wage. Persistent double-digit inflation … Read more
NEW YORK – “Black Friday” has kicked off in the United States with companies offering a new batch of “doorbuster” sales and promotions to early holiday shoppers, but online data show that consumers have been spending big for weeks. The day after the US Thanksgiving celebration is the traditional start to the holiday shopping season, … Read more
Online sales on Black Friday in the United States (US) hit a record $7.4 billion this year, with a jump in the number of transactions made from smartphones, according to a data released by Adobe Analytics. The figure was a 19.6 percent increase over last year and the second biggest day of online sales ever, … Read more
Shoppers hit stores worldwide as Black Friday shopping kicked off on Thanksgiving for several major retailers and online for all. Retailers across categories have been cranking out sales all week long, and they stepped up this Black Friday Eve with some of the biggest deals you’ve seen yet. Tech, gaming and toys, Home appliances and … Read more
