Black Friday goes digital as Americans rack up $10bn worth of online purchases
3 weeks, 1 day ago

Black Friday goes digital as Americans rack up $10bn worth of online purchases

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Americans spent a staggering $10bn online shopping on Black Friday while in-store purchases continued to dip, according to analysts. “Crossing the $10bn mark is a big e-commerce milestone for Black Friday, for a day that in the past was more anchored towards in-store shopping,” Vivek Pandya, lead analyst at Adobe Digital Insights, said in a statement. “And with consumers getting more comfortable with everything from mobile shopping to chatbots, we have tailwinds that can prop up online growth for Black Friday moving forward.” Between the hours of 10 a.m. and 2 p.m., shoppers spent $11.3m every minute with consumers purchasing more home appliances and furniture online, the company announced. Shoppers walk along Fifth Avenue, Friday 29 November 2024 in New York Online-only retailers like Shein and Temu saw a growth in sales in the seven days through Friday compared to a year earlier, Reuters reported.

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History of this topic

Record-breaking Black Friday goes digital as holiday shopping embraces online convenience; Cyber Monday sales skyrocket
2 weeks, 6 days ago

Record-breaking Black Friday goes digital as holiday shopping embraces online convenience; Cyber Monday sales skyrocket

Hindustan Times  

Shopping mania is at an all-time high during the 2024 holiday season, with Adobe forecasting Cyber Monday’s record-high peak will surpass Black Friday to become the biggest shopping day of the year. Despite the shopping holiday previously being “anchored by in-store shopping,” Pandy noted that “with mobile, AI, and chatbots reshaping consumer behaviour, we expect online sales to continue growing …

Cyber Monday: Shoppers expected to spend record $13.2 billion online, report says
Trending News
2 weeks, 6 days ago

Cyber Monday: Shoppers expected to spend record $13.2 billion online, report says

Hindustan Times  

Cyber Monday, held on the Monday after the worldwide Black Friday sale tradition, is expected to clock sales worth at least $13.2 billion, 6.1% more than the previous year, according to online shopping tracker Adobe Analytics. FILE - Cyber Monday –- a term coined back in 2005 by the National Retail Federation –- continues to be the biggest online shopping …

Black Friday and Cyber Monday transactions decline for first time in years
2 weeks, 6 days ago

Black Friday and Cyber Monday transactions decline for first time in years

NL Times  

For the first time since 2016, Black Friday saw a drop in iDEAL transactions, with 5.82 million payments processed, an 18.4 percent decrease from last year's 7.13 million transactions. Cyber Monday transactions also fell slightly, from 5.12 million in 2023 to 5.10 million this year, according to data from online payment system iDEAL and Betaalvereniging Nederland. The diversity of discounts—ranging …

Cyber Monday shoppers expected to set a record on the year’s biggest day for online shopping
3 weeks ago

Cyber Monday shoppers expected to set a record on the year’s biggest day for online shopping

Associated Press  

Consumers in the United States are scouring the internet for online deals as they look to take advantage of the post-Thanksgiving shopping marathon with Cyber Monday. Even though e-commerce is now part and parcel of many people’s regular routines and the holiday shopping season, Cyber Monday — a term coined in 2005 by the National Retail Federation — has become …

Cyber Monday expected to see record spending
3 weeks ago

Cyber Monday expected to see record spending

Salon  

From fruit blenders to noise-canceling headphones, e-commerce sites are slashing prices on almost everything for Cyber Monday, the biggest online shopping day of the year. According to The Associated Press, consumers are expected to spend $13.2 billion on Monday, with spending at an estimated $15.7 million per minute during peak hours of 8 p.m. to 10 p.m. Brick-and-mortar stores reported …

Fewer in-store sales around Black Friday
3 weeks ago

Fewer in-store sales around Black Friday

NL Times  

Netherlands residents seem to have spread their Black Friday purchases out over the week running up to the originally American discount day. According to the Dutch Payment Association, there were almost 19 million debit card transactions on Black Friday, a decrease of 5 percent compared to a year ago. “This year, online stores seemed to convincingly replace physical stores for …

Is Black Friday still a holiday shopping juggernaut in 2024?
3 weeks, 3 days ago

Is Black Friday still a holiday shopping juggernaut in 2024?

Hindustan Times  

NEW YORK — After weeks of pushing early deals, retailers in the United States and some other countries tried to seduce customers with promises of bigger discounts on Black Friday, the sales event that still reigns as the unofficial kickoff of the holiday shopping season even if it's lost some luster. Enough consumers enjoy holiday shopping in person that Black …

Black Friday deals you can’t miss in the US: Amazon, Target, Walmart, Macy’s and more
3 weeks, 3 days ago

Black Friday deals you can’t miss in the US: Amazon, Target, Walmart, Macy’s and more

Live Mint  

Black Friday 2024 has arrived, bringing some of the year's best deals across a wide range of products at stores throughout the United States. Whether you're looking for the latest tech, home essentials, or holiday gifts, this year’s Black Friday deals are designed to give you everything you need at unbeatable prices. Target Target's Black Friday Deals include up to …

Black Friday set to dominate Thanksgiving weekend as 131.7 million prepare to shop
Trending News
3 weeks, 3 days ago

Black Friday set to dominate Thanksgiving weekend as 131.7 million prepare to shop

Live Mint  

Black Friday is expected to be the busiest shopping day of the Thanksgiving weekend, with 72% of shoppers—an estimated 131.7 million people—planning to visit stores or shop online, according to the National Retail Federation’s survey conducted with Prosper Insights & Analytics. Thanksgiving weekend shopping trends Overall, the NRF projects a record-breaking 183.4 million shoppers will participate in the five-day shopping …

Retailers bank on Black Friday to energize bargain-hungry holiday shoppers
Trending News
3 weeks, 3 days ago

Retailers bank on Black Friday to energize bargain-hungry holiday shoppers

Associated Press  

NEW YORK — It’s show time. After weeks of pushing early deals, retailers in the United States and some other countries are promising bigger discounts on Black Friday, the sales event that still reigns as the unofficial kickoff of the holiday shopping season even if it’s lost some luster. “People come to get the deals, but more importantly, they come …

Some retail companies reject Black Friday sales
Trending News
3 weeks, 3 days ago

Some retail companies reject Black Friday sales

ABC  

Stephanie Smail: Australians are expected to spend a record $6.7 billion during this year's Black Friday sales. Katherine Gregory: While other companies are set to make big profits today by appearing to slash prices on their products, Olivia Reddy-Daley warns consumers that not all is as it seems. Katherine Gregory: But even if you wanted to buy ethical fashion from …

Deal-hungry shoppers hit stores on Black Friday to kick off critical holiday season
3 weeks, 3 days ago

Deal-hungry shoppers hit stores on Black Friday to kick off critical holiday season

LA Times  

The Christmas tree is a big attraction on Black Friday at South Coast Plaza in Costa Mesa. “Honestly, you’ve got to come in with the mentality: It’s Black Friday,” said Gus Aguirre, a Simi Valley barber, who said his family never misses the biggest shopping day of the year. They suspected they could get the same sort of deals during …

Why retailers still see Black Friday as the high point of the holiday shopping season
Trending News
3 weeks, 4 days ago

Why retailers still see Black Friday as the high point of the holiday shopping season

Associated Press  

NEW YORK — After weeks of plugging increasingly inviting discounts, retailers in the United States and several other countries are preparing for prime time: Black Friday, the bargain bonanza that still reigns as the unofficial kickoff of the holiday shopping season even if it’s lost some luster. It’s a better experience.” In the U.S., analysts envision a solid holiday shopping …

More deals, more spending: What Black Friday has in store
3 weeks, 5 days ago

More deals, more spending: What Black Friday has in store

NPR  

More deals, more spending: What Black Friday has in store toggle caption Sarah Silbiger/Getty Images This week officially kicks off the busiest shopping period of the year — it's joy and chaos for shoppers and a make-it-or-break-it season for most retailers. But that's not the whole story: A greater share of people also plan to splurge this holiday season, according …

What Black Friday’s history tells us about holiday shopping in 2024
3 weeks, 6 days ago

What Black Friday’s history tells us about holiday shopping in 2024

Associated Press  

NEW YORK — The holiday shopping season is about to reach full speed with Black Friday, which kicks off the post-Thanksgiving retail rush later this week. The term “Black Friday” is several generations old, but it wasn’t always associated with the holiday retail frenzy that we know today. Jie Zhang, a professor of marketing at the University of Maryland’s Robert …

US consumers to bargain hunt in annual 'Black Friday' spree
4 weeks, 1 day ago

US consumers to bargain hunt in annual 'Black Friday' spree

Deccan Chronicle  

NEW YORK: US shoppers are coming out in force this holiday season, but the festiveness is being tempered by inflationary pressures that have abated but not completely faded. Americans are "ready to open their wallets this holiday season," said the Conference Board ahead of Black Friday -- the day after Thanksgiving, which this year, falls on November 28 -- that …

36 Best Walmart Cyber Monday Deals
1 month, 2 weeks ago

36 Best Walmart Cyber Monday Deals

Wired  

Walmart’s Cyber Monday deals have arrived, and we’ve found a handful of discounts that rival last year’s Cyber Monday prices. The battery lasts for around 10 hours per charge, and the sound quality is surprisingly full despite the speaker’s miniature footprint. Discs look way better than streaming content in most cases, so a solid deal on this player is a …

Amazon says this year’s Prime Day was its biggest ever
5 months ago

Amazon says this year’s Prime Day was its biggest ever

Associated Press  

NEW YORK — Amazon saw record sales for Prime Day this week as Prime members purchased more items than ever before, the company announced Thursday. The Seattle e-commerce giant, which does not disclose how much it earns during the popular discount event, also said “millions” of customers joined Prime in the past three weeks to take advantage of the discount …

How online shopping is saving the bricks-and-mortar store
7 months, 2 weeks ago

How online shopping is saving the bricks-and-mortar store

Live Mint  

Store owners once viewed e-commerce as a mounting threat to their survival. Kohl’s now fulfills more than a third of its online orders in stores, Walmart more than half, and Target nearly all its sales from its network of roughly 2,000 locations, according to the companies. The pandemic sped up the integration of online and in-store shopping, as mandated closures …

19 Best Walmart Early Black Friday Deals
10 months, 3 weeks ago

19 Best Walmart Early Black Friday Deals

Wired  

Walmart’s early Black Friday deals have arrived, and we’ve found a handful of deals that rival last year’s Black Friday prices. Tech Deals Photograph: Acer This deal beats last year’s Black Friday pricing by $70. Roku Black Friday deals are nothing new, but this is a good deal for the best Roku device and our favorite streaming stick overall. Home …

Still haven't bought holiday gifts? Retailers have a sale for you
1 year ago

Still haven't bought holiday gifts? Retailers have a sale for you

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “I think this is a more challenging year than …

Black Friday boosts retailers with sales surging in November despite fears of a tough Christmas for many shops
1 year ago

Black Friday boosts retailers with sales surging in November despite fears of a tough Christmas for many shops

Daily Mail  

Black Friday boosted shops last month with retail sales surging far more than expected. The ONS also revised data for October upwards, reporting that there was zero growth in retail sales rather than the 0.3 per cent fall previously estimated. Volumes were up 1.3 per cent in November as Brits sought out bargains, significantly better than the 0.4 per cent …

Still haven’t bought holiday gifts? Retailers have a sale for you
1 year ago

Still haven’t bought holiday gifts? Retailers have a sale for you

LA Times  

Super Saturday is expected to be the second busiest day of the holiday period after Black Friday. That’s lower than last year’s 5.4% growth but more consistent with typical holiday spending, which rose 3.6% between 2010 and 2019 before the COVID-19 pandemic skewered numbers. Adobe Analytics expects U.S. online holiday sales to rise 4.8% from last year between November and …

Black Friday deals this year did not get American customers to shop much
1 year ago

Black Friday deals this year did not get American customers to shop much

Live Mint  

It’s not just you. Walmart chief financial officer John David Rainey told investors in an earnings call earlier this month that the company saw a “sharper falloff" in consumer spending toward the end of October. That caution echoed throughout recent earnings reports from retailers ranging from Lowe’s Inc. to Target Corp. Consumers continued to spend this weekend, but they weren’t …

Business Highlights: Cyber Monday expected to set record; Meta hit with claims over underage users
1 year ago

Business Highlights: Cyber Monday expected to set record; Meta hit with claims over underage users

Associated Press  

___ Cyber Monday marks the year’s biggest online shopping day, and one more chance to save on gifts Consumers are scouring the internet for online deals as they begin to cap off the five-day post-Thanksgiving shopping bonanza with Cyber Monday. ___ US airports saw record passenger volumes, but fewer headaches, over Thanksgiving weekend A record number of passengers traveled through …

Cyber Monday marks the year’s biggest online shopping day, and one more chance to save on gifts
1 year ago

Cyber Monday marks the year’s biggest online shopping day, and one more chance to save on gifts

Associated Press  

Consumers are scouring the internet for online deals as they begin to cap off the five-day post-Thanksgiving shopping bonanza with Cyber Monday. Even though e-commerce is now part and parcel of our everyday lives and much of the holiday shopping season, Cyber Monday — a term coined back in 2005 by the National Retail Federation — continues to be the …

What is Cyber Monday? Here's what you should know about the online shopping extravaganza
1 year ago

What is Cyber Monday? Here's what you should know about the online shopping extravaganza

Live Mint  

The first Monday after the Thanksgiving weekend is known as Cyber Monday, a day designed to promote the best deals on online shopping platforms and was created as a counterbalance to Black Friday sales. According to a Reuters report, this year's Cyber Monday, which falls on November 27, is set to be the biggest online shopping day of the year …

Black Friday set to be ‘busiest ever’ as spending beats last year
1 year ago

Black Friday set to be ‘busiest ever’ as spending beats last year

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy This year’s Black Friday could …

Black Friday: It’s no longer just a phenomenon in the U.S. And that has sinister consequences.
1 year ago

Black Friday: It’s no longer just a phenomenon in the U.S. And that has sinister consequences.

Slate  

For weeks we’ve been steadily targeted with an increasing number of deals, sales, and specials—on social media and TV and in our inboxes—all of which culminates in the ultimate retail barrage of offers on the fourth Friday in November, known as Black Friday. Last year, American consumers spent a record $9.12 billion online shopping during Black Friday, according to Adobe …

Retailers expecting 'record' Black Friday sales, but Westpac warns of 'penny-pinching' Christmas
1 year, 1 month ago

Retailers expecting 'record' Black Friday sales, but Westpac warns of 'penny-pinching' Christmas

ABC  

Despite high levels of pessimism among Australian consumers, David Wall has noticed a lot of people are buying board games and puzzles at his toy stores ahead of the Black Friday sales. "While we expect overall Christmas trading will be subdued, we're expecting this by Friday to be a record simply because people are shopping on a budget, and they're …

Behind Black Friday’s crowds lie stories of consumers squeezed by inflation
1 year, 1 month ago

Behind Black Friday’s crowds lie stories of consumers squeezed by inflation

LA Times  

Months of punishing inflation have pushed East Hollywood resident Diane Roque to economize by canceling her family’s cable subscription and prioritizing cooking at home. “Now it’s very online-focused, and we’re really looking to see the online velocity surge on the major days like Black Friday and Cyber Monday,” said Vivek Pandya, lead analyst at Adobe Digital Insights. “They’re stretching out …

Black Friday is almost here. What to know about the holiday sales event’s history and evolution
1 year, 1 month ago

Black Friday is almost here. What to know about the holiday sales event’s history and evolution

Associated Press  

NEW YORK — If you didn’t already guess it from a barrage of sales ads in your inbox, the holiday shopping season is upon us. While Black Friday may no longer look like the crowd-filled, in-person mayhem that it was just decades ago — in large part due to the rising dependence on online shopping that was accelerated by the …

Warning over eight most scammed items ahead of Black Friday
1 year, 1 month ago

Warning over eight most scammed items ahead of Black Friday

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Bargain seekers have been warned to watch out for Black …

Explained: What is Black Friday? Check expectations and hot deals
1 year, 1 month ago

Explained: What is Black Friday? Check expectations and hot deals

Hindustan Times  

Retailers are preparing for what they hope will be yet another record-setting global shopping spree on Black Friday, the fourth Friday of November, which this year is Nov. 24. Retailers including Best Buy, Macy's, H&M and pure e-commerce retailers like Shein and Temu are already touting early Black Friday "deals" of up to 30% off on some limited merchandise online …

Shoppers’ holiday spending is expected to top $957 billion, a record amount
1 year, 1 month ago

Shoppers’ holiday spending is expected to top $957 billion, a record amount

LA Times  

Customers shop at a Nathan & Co. store in Oakland in 2022. This year’s holiday spending is expected to beat last year’s record spending of $929.5 billion. The National Retail Federation, an industry trade group, said holiday spending is forecast to reach record levels this year — up 3% to 4% from last year. Business Despite higher prices, American shoppers …

Retail sales rise solid 0.7% in September, reflecting US shoppers’ resilience despite higher prices
1 year, 2 months ago

Retail sales rise solid 0.7% in September, reflecting US shoppers’ resilience despite higher prices

Associated Press  

NEW YORK — Americans showed their steadfast resilience and kept spending online, at restaurants and other outlets in September even as they grappled with higher prices, rising interest rates and a host of other headwinds piling up. Tuesday’s sales figures aren’t adjusted for inflation, but the cost of goods barely rose last month, so the increased spending isn’t a reflection …

Retail sales rose solidly last month in a sign that consumers are still spending freely
1 year, 4 months ago

Retail sales rose solidly last month in a sign that consumers are still spending freely

Associated Press  

NEW YORK — Americans increased their purchases at retailers last month – for clothing, dining out, online goods and other areas – in a sign that solid consumer spending is still powering a resilient U.S. economy. Analysts noted that spending on Amazon Prime Day, the online juggernaut’s big two-day sales event that took place earlier last month, also helped boost …

Consumers keep spending freely, powering a resilient economy
1 year, 4 months ago

Consumers keep spending freely, powering a resilient economy

LA Times  

Items are displayed in a boutique along Tennyson Street in Denver. Americans increased their purchases at retailers last month — for clothing, dining out, online goods and other items — in a sign that solid consumer spending is still powering a resilient U.S. economy. Analysts noted that spending on Amazon Prime Day, the online juggernaut’s big two-day sales event that …

Amazon says it had its biggest Thanksgiving shopping weekend
2 years ago

Amazon says it had its biggest Thanksgiving shopping weekend

Associated Press  

NEW YORK — Amazon said Wednesday it had its biggest ever Thanksgiving holiday shopping weekend, aided by a record number of consumers looking for deals online amid high inflation. A record 196.7 million people shopped in stores and online during the five-day shopping period that stretched from Thanksgiving to Cyber Monday, 17 million more compared to last year, according to …

Cyber Monday deals lure in consumers amid high inflation
2 years ago

Cyber Monday deals lure in consumers amid high inflation

Associated Press  

NEW YORK — Days after flocking to stores on Black Friday, consumers are turning online for Cyber Monday to score more discounts on gifts and other items that have ballooned in price because of high inflation. Cyber Monday is expected to remain the year’s biggest online shopping day and rake in up to $11.6 billion in sales, according to Adobe …

Black Friday lured shoppers back, in early test for holiday spending
2 years ago

Black Friday lured shoppers back, in early test for holiday spending

Live Mint  

Americans returned to their prepandemic habits on Black Friday as they spent more time and money in stores than last year, but some data show they were also cautious with spending as inflation weighs on their pocketbooks. The boost in store traffic over Black Friday comes after a surge last year from 2020, the first year of the Covid-19 pandemic …

Online Black Friday purchases break Dutch record, says payment processor
2 years ago

Online Black Friday purchases break Dutch record, says payment processor

NL Times  

Black Friday has led to a record number of online sales in the Netherlands despite inflation, Swedish payment service provider Klarna reports. On Black Friday itself, sales were 28 percent higher and marked the most popular shopping day of the year on an annual basis. Klarna also saw in its analysis that people from Noord-Holland, Flevoland and Utrecht in particular …

Inflation hovers over shoppers seeking deals on Black Friday
2 years ago

Inflation hovers over shoppers seeking deals on Black Friday

Associated Press  

NEW YORK — Cautious shoppers hunted for the best deals at stores and online as retailers offered new Black Friday discounts to entice consumers eager to start buying holiday gifts but weighed down by inflation. The traffic was “significantly larger” on Black Friday compared to the previous two years because shoppers feel more comfortable in crowds, Macy’s CEO Jeff Gennette …

Inflation Hovers Over Shoppers Heading Into Black Friday
2 years ago

Inflation Hovers Over Shoppers Heading Into Black Friday

Huff Post  

LOADING ERROR LOADING NEW YORK — Black Friday marks a return to familiar holiday shopping patterns, but inflation is weighing on consumers. Isela Dalencia, who was shopping for household essentials like detergent at a Walmart in Secaucus, New Jersey, earlier this week, said she’s delaying buying holiday gifts until Cyber Monday — the Monday after Thanksgiving — when online sales …

Shoppers flood to stores on Black Friday - even as more people shop online for deals
2 years ago

Shoppers flood to stores on Black Friday - even as more people shop online for deals

Daily Mail  

More shoppers are also ordering their deals online - despite thousands of Amazon warehouse workers staging a mass Black Friday strike across 40 countries, including the US, over pay and working conditions Shoppers returned to familiar holiday shopping patterns to bag a bargain this Black Friday after two seasons marked by pandemic worries and supply issues. More shoppers are also …

Six in 10 shoppers ‘will do more research than usual ahead of this Black Friday’
2 years, 1 month ago

Six in 10 shoppers ‘will do more research than usual ahead of this Black Friday’

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. “The cost-of-living crisis has transformed …

Amazon warns costs may eviscerate profits, shares crash
2 years, 1 month ago

Amazon warns costs may eviscerate profits, shares crash

Al Jazeera  

Amazon’s efforts to boost revenues may not pay off as inflation and receding consumer demand bite into profits. Amazon.com Inc has warned that costs might eviscerate its profit for the current quarter, as early holiday marketing does little to boost sales growth while labour and delivery expenses continue to swell. Amazon’s net sales were $127.1bn in the third quarter that …

Amazon Prime Day comes amid slowdown in online sales growth
2 years, 5 months ago

Amazon Prime Day comes amid slowdown in online sales growth

Associated Press  

Amazon is heading into its annual Prime Day sales event on Tuesday much differently than how it entered the pandemic. Amazon doesn’t disclose Prime Day results, though research firm Insider Intelligence suggests sales could climb to about $12.5 billion in global sales — or 17% over last year -- in part because of the event’s mid-July timing, which compared to …

Black Friday is back but it’s not what it used to be
3 years ago

Black Friday is back but it’s not what it used to be

Associated Press  

NEW YORK — On this year’s Black Friday, things almost seem normal. “I came here because I figured since it was Black Friday, they’d have the new Switch OLED in stock, but they didn’t,” said MacDonald, who waited an hour and a half to get in for the sought-after Nintendo video game console. “So I’m just going to go home, …

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