Saturday, 07 December, 2019

U.S. online shoppers spend record US$4.2b on Thanksgiving

Black Friday US shoppers spend over $2 billion online in opening hours Enlarge Image Getty Images
Noel Elliott | 02 December, 2019, 00:46

It is also a sign of how Thursday evening store openings have continued to hurt what has traditionally been a day that kicked off the US holiday season.

The National Retail Federation baked the shorter season into its forecast, but it says the real drivers will be the job market.

That notorious day of deals rolls around every year in the run-up to Christmas, promising fantastic offers on all manner of products up and down the high street and online.

The authors of the report also said 24 percent of Thanksgiving period shoppers "will be into travel/dining - socializing away from home [e.g., travel, hotels, restaurants]" during the holiday weekend.

Retail sales at brick-and-mortar stores are expected to grow 2% in November and 6% in December, thanks to favorable weather and a "year-end surge in disposable income", according to IBM, which utilizes artificial intelligence to analyze US Census and retail data.

Adobe expects online sales to jump to another record this Cyber Monday with an estimated total of $9.4 billion.

President Donald Trump's merchandise was discounted "Make America Great Again" on the US President's political website with a 35 percent discount.

So far this year 40% of the shoppers have gone for online purchases instead of visiting physical stores, per Adobe.

Champions League: Who Can Qualify or Be Eliminated This Week?
Lewandowski has scored four times in a Champions League game once before, for Borussia Dortmund against Real Madrid in 2013. But he got off to the worst possible start in his first match in what he has described as the "best stadium in the world".

Target reported Friday that 1 million more customers used its app to shop Black Friday deals compared with past year.

For die-hard shoppers, Black Friday brought light to those who gathered before sunrise for bargains. Climate demonstrators blocked a shopping mall near Paris and gathered in front of Amazon's headquarters. Some French lawmakers called for banning Black Friday altogether. The U.S. economy is still growing steadily, but gains have slowed since its sizzling start to the year.

"I will come to the mall, look at prices and go back and check them online", said Dick Doyle, 76, who was shopping at a Modell's Sporting Goods while his wife was next door at Nordstrom Rack.

Maria Mainville, a spokesman at Taubman Centers, which operates a little over 20 malls in the USA, says that its centers reported strong customer traffic since earlier this week.

A few years ago, Cisco predicted that the world would enter the "Zettabyte era" in 2016 and double internet traffic over the next three years.

Two Bath & Body Works saleswomen wearing reindeer antler headbands shouted about promotions at a trickle of shoppers walking through Newport Centre in Jersey City, New Jersey.

In Kansas, Kassi Adams and her husband drove 50 miles (80 kilometers) to Town East Mall in Wichita, even though the couple were almost done with their holiday shopping.

"There is really not much of a crowd to fight", she said.

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