NEW YORK — Black Friday may no longer be the retail bacchanalia of years past, when the promise of one-time bargains caused people to leave Thanksgiving tables for malls where some customers got into fistfights over toys or TVs. But the event still has enough enthusiasts to make it the biggest shopping day in the U.S.
For that reason, the day retains its crown as the official start of the holiday shopping season. This year’s kickoff comes as companies navigate an uncertain economic environment and wrestle with the volatility of President Donald Trump ‘s wide-ranging tariffs on imported goods.
Many have absorbed some of the costs and pulled back on hiring instead of raising prices for customers. Consumer confidence in the U.S. economy fell this month to the lowest since April — when Trump announced his tariffs — in the aftermath of the government shutdown, weak hiring and…
