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Black Friday shoppers spend more time looking for deals but less money amid economic angst [Los Angeles Times (CA)]
Last mattel, inc. earnings: 2/13 04:05 pm
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Sixty-two percent of Angelenos expect the economy to weaken, prompting consumers across income levels to switch brands and hunt for bargains on necessities. Retailers report mixed Black Friday results, with discount giants benefiting but department stores struggling as cautious consumers prioritize value over traditional shopping habits. Black Friday shoppers flocked to stores, hoping to get more bags for their buck as they grapple with inflation, tariffs and anxiety about the health of the economy. Citadel Outlets in Commerce was mobbed Friday morning with long waits for parking and winding lines in front of stores as consumers tried to grab good deals. Camila Romero and her 13-year-old daughter spent hours in line trying to get the best possible deals on Ugg and Coach items on their wish lists. “You come to the Citadel because it's outlets. And it's discounts on top of that,” she said. “So even when you're broke, you don't feel it.” Shoppers across Los Angeles plan to spe
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