Retailers such as Target Corp (TGT) and Kohls Corp (KSS) are slashing prices by as much as 50% on toys and other popular holiday gifts in early Black Friday deals aimed at increasingly frugal consumers - but the bargains aren’t what they seem.
A warning from Target that toy sales slowed down was “a little scary,” said Joe Feldman, senior managing director at consumer-focused research firm Telsey Advisory Group. Discounts on toys and electronics were bigger globally every month so far this year except for January and February, according to separate data from Salesforce.com.
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