Canadian shoppers are searching for Black Friday deals but spending has slowed due to inflation. Sales have decreased each month since June and essential expenses such as groceries and utilities are up. Families are cutting back on non-essential spending as a result. Staples Canada has noticed that shoppers are spending more carefully this year and has adjusted its sales strategy. Shoppers are stretching their budgets, but are having to make trade-offs. Customers at Toronto’s Sherway Gardens mall noted that they are spending more cautiously this year due to the high prices. Overall, shoppers are being pickier about where they spend their money due to the current economic climate.
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