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Industry News: What do strong Black Friday Sales mean for 2023?

Innovative is looking forward to making an impact in 2023!

Our optimistic outlook for 2023 is based on strong Black Friday sales in the face of inflation as well as conversations with industry leaders at jam-packed tradeshows.

“Retailers delivered on Black Friday with deals that enticed consumers to fill their carts despite the inflationary environment,” said Michelle Meyer, North America chief economist, Mastercard Economics Institute. source

With over 25 years of experience behind us, Innovative has helped clients navigate the troubled waters of retail during the pandemic. As the Swedish proverb attests: “Troubled waters are true tests of leadership. In calm water, every ship has a good captain.” The seas won't be calm anytime soon with inflation and interest-rate hikes here for the foreseeable future. However, the market is showing that strong consumer demand and a “societal love” of retail are here to stay.

Ride the waves of optimism with us and trust Innovative to steer you toward a prosperous 2023! Come on board!



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