"Black Friday" looks bleak for Fifth Avenue and beyond
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The holiday window display at Barneys New York has a hippie vibe, hoping shoppers will show some love this season. (Getty)
By Danielle Sonnenberg
Special to amNewYork
Attention city shoppers: There are unheard of bargains to be found this holiday season, even at super-luxe Fifth Avenue retailers.
The sales came sooner this year, weeks before “Black Friday” — the day after Thanksgiving — which is the traditional start to the holiday shopping season. Retailers depend on the holidays for a large piece of their yearly earnings — up to 40 percent, according to the National Retail Federation. This year, however, customers are having a harder time parting with their money than they’ve had in decades.
“Retailers are going to do whatever they can to get customers to spend money in their store,” said Rebecca Flach, director of public affairs at the Retail Council of New York State.
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