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Beware these retailers that increased promotions more than expected throughout Black Friday weekend, BMO says

By CNBC   |   1 year ago
Beware these retailers that increased promotions more than expected throughout Black Friday weekend, BMO says

Some companies increased discounts during Black Friday weekend compared to previous years, possibly indicating underperformance. Analysts like Simeon Siegel are assessing retail performance amidst tough competition and inflation. Companies like Gap and Nordstrom's Rack offered deeper discounts, potentially affecting their holiday season sales.

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