Black Friday: Cost of living crisis may hit sales rush
The cost of living crisis is set to dampen this year’s Black Friday sales rush, according to retail experts.
The number of people heading out to the shops is set to be up on 2021 – the first festive season without Covid rules in place in three years.
But due to the cost of living crisis prices are rising at their fastest rate in 41 years.
Experts predict sales and profits are expected to be lower compared with 2021 as a result.
Not only does the sales have to contend with the cost of living crisis pulling on the purse strings, but this weekend will see World Cup matches on TV – England vs USA and Wales vs Iran.