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What Analysts Are Predicting for Black Friday and Cyber Monday
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variety.comTim Chan Black Friday weekend is almost upon us, and if you’re looking to snag a deal, you’re not alone — retail analysts predict more than 88% of Americans (or about 288 million people) will spend money over the five-day period between Thanksgiving and Cyber Monday this year, accounting for more than $148 billion in sales.According to Finder.com, Black Friday spending is expected to be up $285 million dollars from last year, with Americans poised to spend $148.5 billion in 2020.
The site says shoppers will spend an average of $665 during Black Friday weekend, with electronics, furniture and appliances among the most popular categories.While door-buster deals at the mall and stores like Best Buy and Target are still popular, more and more.
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