This year, many people will shop between Black Friday and Cyber Monday. They want to find good deals because prices are high.
In the United States, people are expected to spend a record $75 billion during this time. This number is 5% more than last year, according to Bain.
The weekend after Thanksgiving will make up 8% of all holiday sales. This is the highest since 2019.
Many shoppers have waited for big discounts. “People are ready to spend during big sales like these,” said R.J. Hottovy from Placer.ai.
More than half of Americans say they will shop during these sales, according to Numerator.
Some people plan to buy everyday items like groceries during these sales to save money.
Online shopping will stay popular, with people using stores like Amazon and Walmart for good deals.
Vocabulary List:
- Discounts /ˈdɪs.kɑːnt/ (noun): Reductions in price.
- Expected /ɪkˈspɛk.tɪd/ (adjective): Regarded as likely to happen.
- Shoppers /ˈʃɒp.ər/ (noun): People who are looking to buy goods.
- Spend /spɛnd/ (verb): To use money to buy something.
- Record /ˈrek.ɔːrd/ (noun): The highest or lowest value of something that has been documented.
- Sales /seɪlz/ (noun): The exchange of goods or services for money.
How much do you know?
What is the expected total amount of spending by people in the United States between Black Friday and Cyber Monday this year?
What percentage of holiday sales will the weekend after Thanksgiving make up?
According to R.J. Hottovy from Placer.ai, why are people ready to spend during big sales between Black Friday and Cyber Monday?
Where do people plan to buy everyday items like groceries during the sales period to save money?
Which online stores are mentioned as popular choices for good deals during this shopping period?
How many Americans are expected to shop during the sales period?
The total amount spent by people between Black Friday and Cyber Monday this year is expected to be less than last year.
The percentage of holiday sales made up by the weekend after Thanksgiving is at its lowest since 2019.
People mainly shop during this period to buy luxury items rather than everyday necessities.
R.J. Hottovy mentioned that people are reluctant to spend during big sales.
The popularity of online shopping is decreasing, and more people prefer in-store shopping.
The percentage of Americans planning to shop during the sales period is less than half.
People want to find good deals between Black Friday and Cyber Monday because are high.
More than half of Americans say they will shop during these sales, according to .
Online shopping will remain popular, with people using stores like for good deals.
The expected total amount of spending during this time is $ billion, which is a 5% increase from last year.
Some people plan to buy everyday items like groceries during these sales to money.
The weekend after Thanksgiving will make up % of all holiday sales, the highest since 2019.