A retail expert has warned that department store giant David Jones could finally falter amid a perfect storm of dire economic conditions and ongoing hardships being faced by the iconic Aussie brand.
Shoppers are tipped to spend over $6.3 billion over the four-day shop-a-thon, up 3 per cent on last year. But budgets are under pressure, and sales have come early.
This year’s Black Friday and Cyber Monday sales are expected to zip past $6.4 billion, with cost of living pressures driving bigger, longer and cheaper deals.
Black Friday: Australian consumers to spend big as retailers roll out the discounts smh.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from smh.com.au Daily Mail and Mail on Sunday newspapers.
This year’s Black Friday and Cyber Monday sales are expected to zip past $6.4 billion, with cost of living pressures driving bigger, longer and cheaper deals.