Shoppers Hit Stores for Black Friday
Have you done all your Christmas shopping?
Shoppers didn’t wait for Black Friday to spend.
But the crowds didn’t ebb. Among them will be Amazon.com, Walmart, Best Buy and Target who are all competing to continue their attempts to get customers shopping with them for the holidays.
“It’s a little bit heavier, but not awful”, Duran said.
But executives from top retailers including Wal-Mart, Target and J. C. Penney dismiss the chatter about the irrelevance of Black Friday, saying they have worked hard to blend their online operations with the physical stores.
It’s not clear whether that move made more people shop online instead of heading to stores. “I’m out because Black Friday is more like a tradition, but the discounts are similar even online this year”.
Fueled by surging demand for Samsung 4K TVs, Apple iPad Air2s and Star Wars toys, the $4.47 billion shelled out on Thanksgiving Day and Black Friday combined also marked a new high, Adobe Systems reported Saturday.
Some companies struggled to keep their websites up and running on Black Friday, traditionally held to coincide with the end of the American holiday of Thanksgiving, as huge numbers of people logged on to try to get the best deals. IBM says that Thanksgiving online sales – amassed by way of its Benchmark survey tracking thousands of sites – overall were up 26% compared to a year ago.
For the first time, tablets average order value of $136.42 exceeded that of desktops, which ended the day at $134.06. Still, the online sales figure increased fifteen percent till Friday morning compared to the previous year.
“We had a lot of shoppers last night”, she said Friday afternoon. Smaller-than-expected crowds turned out at shopping centres in North Carolina, where Jeff Simpson, a director at Deloitte Consulting LLP’s retail practice, was monitoring the action on Black Friday.
Meanwhile, at Northgate Mall – the Hixson mall also owned by CBL Properties – it was a similar story. We love them., Tony said. Online shopping has become so prevalent that, according to a new report by Vancity Credit Union, an estimated $1.6 billion in retail sales will be diverted from Metro Vancouver area bricks-and-mortar stores to online retailers this year. In addition 10% of the Black Friday day’s sales take place in the peak hour.
It’s no surprise that online and mobile sales are seeing the biggest projections for growth in the retail industry.
Black Friday sales soared on portable devices.
And sales on Thanksgiving dropped to $1.8 billion from just over $2 billion.