Black Friday “deals” lead to padded profits for retailers

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Businessweek looks at the deals behind Black Friday.”As the Wall Street Journal recently detailed in depth, holiday savings are an illusion, a bit of C-suite sleight of hand as executives grow ever more adept at price massaging through the year. Among the 15 largest U.S. retailers, operating margins in the holiday quarter last year were 11 percent, compared with 9 percent in the preceding nine months.” Read more: Bloomberg Businessweek

InvestCorrectly Staff
InvestCorrectly Staff

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