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As the holiday shopping season progresses, early data shows a mixed consumer spending pattern. Retail sales are projected to reach $75 billion over Black Friday to Cyber Monday, with Walmart gaining market share while Target struggles. Analysts predict a cautious yet robust shopping season amid ongoing economic pressures.
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As Black Friday and Cyber Monday approach, experts warn of a significant rise in online shopping scams. Cybercriminals are exploiting consumer eagerness for deals, with reports indicating that many shoppers fall victim to fraudulent websites and offers. Authorities urge vigilance and provide tips to protect personal data and finances.
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As Cyber Monday 2024 unfolds, major brands like Nike, Adidas, Allbirds, and New Balance are offering significant discounts on footwear and apparel. The sales reflect a growing trend towards casual footwear in various markets, with consumers seeking stylish yet functional options. The promotions are set to drive consumer interest through the holiday shopping season.
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As Black Friday approaches, U.S. retailers are ramping up discounts to attract shoppers amid economic caution. With five fewer days between Thanksgiving and Christmas, stores are eager to boost foot traffic and sales, despite a challenging retail environment. Early online sales have exceeded expectations, setting the stage for a competitive shopping season.
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On December 2, 2024, Cyber Monday is projected to generate a record $13.2 billion in online sales, reflecting a 6.1% increase from last year. Retailers are adapting to consumer behavior shifts, with many sales starting earlier and focusing on online discounts as inflation pressures persist.