Retail analysts predict as much as 25% drop in Holiday shopping crowds

Black Friday Shopping

Lauren Thomas@LAURENTHOMAS

Retail analysts say Black Friday might be losing its clout. But it is still expected to be the busiest day in stores during the 2020 holiday shopping season, according to a new report. 

It's expected that people likely won’t be showing up in droves for doorbuster deals the day after Thanksgiving, especially as the coronavirus pandemic has prompted consumers to buy more online and avoid crowded spaces.

According to a ShopperTrak forecast released Tuesday said, overall traffic in retail stores is expected to be down 22% to 25% year over year during the six key weeks of the holiday season.

MORE: CNBC.COM


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