US shoppers are being more selective about Black Friday deals, with many waiting for bigger bargains.

Summarize: – Black Friday sales show US shoppers are watching their wallets and holding out for deeper discounts.
– Consumers aren’t spending at the same pace they did during the past couple of years.
– Some shoppers said they were unimpressed by the discounts on Friday and are likely to hold out for retailers to offer better sales.
– Retailers are offering deep discounts to clear out merchandise that didn’t arrive on time for the 2021 shopping season.
– Shoppers who want to buy toys and apparel should wait until Sunday for the deepest discounts.
– Retailers often cut their prices as the holiday shopping season progresses in order to boost sales or to ensure they sell down excess merchandise they have on hand.
– Companies that are expected to do well this holiday season include off-price retailers such as TJ Maxx owner TJX Cos. and Ross Stores Inc., which have good prices and wide assortments, and companies selling in-demand fitness and outdoor-gear items that tap into the wellness trend.

Link to the original story: https://tech.hindustantimes.com/tech/news/black-friday-sales-picky-us-shoppers-saying-no-deals-waiting-for-bigger-bargains-71700972921833.html