Retailers are chalking up Black Friday as a success before the final sales have been rung up, easing anxiety about end-of-year trading after households appeared unwilling to spend their tax cuts and sharemarket profits amid a cost-of-living pinch.
The Cyber Weekend promotions may have swayed shoppers into action, retailers said on Monday, traditionally the last day of the promotional long weekend.
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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
