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Fortune
Fortune
Megan Leonhardt

Black Friday and Cyber Monday deals could leave shoppers with a money hangover in 2023

Black Friday shoppers at a mall in California (Credit: Frederic J. Brown—Getty Images)

Americans’ good intentions around holiday spending seemingly didn’t survive the buffet of tempting deals retailers rolled out for Black Friday and Cyber Monday this year. 

Seven in 10 shoppers planned to take inflation into consideration, with about more than half reporting they intended to buy fewer things and 27% scaling back on their gift-giving, according to a recent RetailMeNot survey of more than 1,000 Americans.

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