Online spending on Black Friday reached record levels, and Cyber Monday is expected to be the biggest online shopping day ever, as inflation-fatigued shoppers zero on in the biggest holiday discounts.
But even amid signs of better demand after two years of holiday-season disruptions, Wall Street’s reservations, particularly around physical stores, remain intact, and one analyst said it was wise to keep “muted expectations” for the period.
The…
Master your money.
Subscribe to MarketWatch.
Get this article and all of MarketWatch.
Access from any device. Anywhere. Anytime.
Already a subscriber?
Log In
