Black Friday last week was the unofficial launch of what is expected to be a bumper retail period. Extending through to Cyber Monday and beyond, this adopted consumer spending blitz from the US is likely to see Australian shoppers spend an estimated $6.2 billion over the four days according to estimates from the Australian Retailers Association.
Analysts also expect Australians to spend like never before, with sales momentum expected to continue through to Christmas and the robust Boxing Day sales period.