Shoppers hoping to clinch lucrative deals on holiday gifts may get lucky during Black Friday sales this season. But those who wait may get even luckier.
“What a world of difference,” said Dana Telsey, chief executive of Telsey Advisory Group, a trading and consulting firm focused on the consumer sector. “Last year there was not enough inventory and everything was selling at full price. This year there’s too much inventory and there’s a magnitude of promotions that will continue to increase as we get closer to Christmas.
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