A huge cut down witnessed in the Christmas holiday sales due to Black Friday

A significant lift was witnessed in the sales rate in November due to the trend of huge discounts offered on the Black Friday sales every weekend, said Michael Hill International, a jewelry retailer.

Daniel Bracken, Chief executive, called the early December’s sale rate disappointing since there was a huge growth rate witnessed by all the markets in November.

He further said that there was a continuous pressure on the....