A Change in Consumer Attitudes
The New York Times article, “Bargain Draws Crowds, but the Thrill is Gone,” by Michael Barbaro, described the change in the attitudes of consumers on Black Friday this year compared to past years. Although the sales increased by 5 percent (to 20 billion from about 19.1 billion in 2006), more money was spent on discounted items then in past years. While in better economic times consumers shopped at higher priced stores such as Macy’s, Abercrombie and Fitc...
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