Consumer Trust in Black Friday Deals Dwindles Ahead of Sales Season
A recent report by the Competition and Consumers Protection Commission (CCPC) reveals that only 30% of consumers believe in the authenticity of Black Friday discounts. Interest in Black Friday and Cyber Monday sales has decreased, with only 36% planning to shop compared to 45% last year. The CCPC warns of the potential risks for young shoppers and emphasizes the importance of clear pricing regulations for retailers. As shopping season approaches, consumers are urged to prepare by planning budgets and adhering to return policies.