![]() “The resurgence of COVID-19 is further increasing uncertainty and exacerbating concerns about the outlook,” said the Conference Board’s senior director of economic indicators Lynn Franco. The latest reading from the Conference Board released on Tuesday showed consumer confidence fell in November after staying relatively flat in October. The economic fallout of the pandemic has fallen hardest on customer-facing service industries – like retail stores – disrupting millions of livelihoods as a result.Ĭonsumer confidence has also taken a dive. A jump in holiday sales during a troubled year “More people will be shopping online on Black Friday than in stores, which is the first time that has ever happened,” Stephen Rogers, executive director at Deloitte Insights Consumer Industry Center, told Al Jazeera. That means the number of people who plan to shop online on Black Friday – 58 percent, according to Deloitte – has overtaken the number of people who plan to do their shopping inside a real bricks-and-mortar shop by some 20 percentage points. ![]() Some 57 percent of consumers questioned by Deloitte between October 29 and November 2 said they feel anxious about shopping in-store during the holiday season – a full 6 percentage points higher than in September. More consumers are tightening their belts and – for the first time ever – more people are planning to shop online than in person on Black Friday, a survey by consultancy Deloitte finds.ĭeloitte’s pre-Thanksgiving pulse survey offers an immediate snapshot of what retailers can expect during the crucial holiday shopping season.Īnd what it is finding is a lot of anxiety over the virus. Perhaps it is not too big of a surprise then that anxiety surrounding COVID-19 is changing the way Americans plan to shop this Thanksgiving Day weekend. This year, shoppers face a new kind of danger.īlack Friday is happening during a pandemic and right now, COVID-19 is breaking records for new infections and hospitalisations in the US. Shoppers were even known to come to blows. Also on rt.Keep reading list of 4 items list 1 of 4 Dow opens up 200 points on another jab of promising vaccine news list 2 of 4 Oxford-AstraZeneca COVID-19 vaccine results expected by Christmas list 3 of 4 US small businesses hustle amid Amazon’s ‘Christmas creep’ list 4 of 4 ‘Christmas creep’: Amazon bumps shopping season up with Prime Day end of list There was an attack in Berlin in 2016, when a failed asylum-seeker from Tunisia killed a truck driver and then rammed the vehicle into a packed Christmas market, killing 11 bystanders. German authorities have been on alert for possible terrorist plots during the holiday season. The paper said the suspect was a 22-year-old Syrian, but the information was unconfirmed.īerlin’s public prosecutor’s office later said the information about an “imminent Islamist bomb attack” had not been confirmed during the search, and the investigation was still ongoing. The operation in the German capital’s Marzahn district was directed at a person suspected of being on the “Islamist spectrum” and preparing “a serious crime,” Berlin police said, adding that 190 officers were involved in the raid.Īccording to the Berliner Zeitung newspaper, police were searching the apartment of a man suspected of planning a terrorist attack. Local media said the suspect was a young Syrian man. Berlin police have launched an operation against a suspected Islamist after receiving information about a possible bomb plot.
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