Black Friday sees record online as US shoppers stay home
4 years ago

Black Friday sees record online as US shoppers stay home

Live Mint  

Black Friday online sales hit a new record this year as pandemic-wary Americans filled virtual carts instead of real ones. Consumers spent an estimated $9 billion on US retail websites on Black Friday, according to Adobe Analytics, which tracks online shopping. Even with that drop, Black Friday will still likely end up as one of the biggest in-person shopping days in the US this year, Field said. Field said stores may be rethinking the cost of paying employees and opening on Thanksgiving when they could easily make up for those sales online.

Retail Black Online Sales Field Black Friday Record Online  sees  black  record  online  sales  field  traffic  shoppers  stores  retail  shopping  day  stay  thanksgiving

History of this topic

Record-breaking Black Friday goes digital as holiday shopping embraces online convenience; Cyber Monday sales skyrocket
3 weeks 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
3 weeks 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
3 weeks 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, 1 day 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, 1 day 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, 1 day 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 …

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 …

Holiday shopping in US: Americans expected to spend nearly $1 trillion in Nov-Dec 2024
3 weeks, 2 days ago

Holiday shopping in US: Americans expected to spend nearly $1 trillion in Nov-Dec 2024

Live Mint  

The National Retail Federation has projected that winter holiday spending for November and December will increase by 2.5% to 3.5% over 2023. Strong holiday spending Despite a cautious consumer outlook, NRF President and CEO Matthew Shay emphasized that the economy remains fundamentally strong, providing solid support for spending growth. “The winter holidays are an important tradition to American families, and …

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
3 weeks, 4 days ago

Retailers Bank On Black Friday To Energize Bargain-Hungry Holiday Shoppers

Huff Post  

LOADING ERROR LOADING NEW YORK — Retailers used giveaways and big discounts to reward U.S. shoppers who ventured out for Black Friday even as earlier offers, the prospect of better bargains in the days ahead and the ease of e-commerce drained much of the excitement from the holiday shopping season’s much-hyped kickoff. They get rid of everything.” Black Friday sale …

Retailers bank on Black Friday to energize bargain-hungry holiday shoppers
Trending News
3 weeks, 4 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, 4 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, 4 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, 6 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
4 weeks 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
1 month 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 …

Black Friday and Cyber Monday more popular than ever: ABN Amro
Trending News
1 month ago

Black Friday and Cyber Monday more popular than ever: ABN Amro

NL Times  

Bargain festivals such as Black Friday and Cyber ​​Monday seem to be becoming increasingly popular in the Netherlands. Almost six out of ten consumers expect to make a purchase during this period, compared to almost four out of ten last year. Black Friday officially takes place on November 29, but many webshops and stores offer their products for sale earlier. …

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 …

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 …

Retail sales rise 0.3% in November as Americans hit gas, not brakes on shopping, travel, restaurants
1 year ago

Retail sales rise 0.3% in November as Americans hit gas, not brakes on shopping, travel, restaurants

Associated Press  

NEW YORK — Americans picked up their spending from October to November unexpectedly as the unofficial holiday season kicked off, underscoring the power of shoppers despite elevated prices. “While consumers continue to face hurdles from higher borrowing costs, tighter credit conditions and elevated prices, a still-strong labor market, a positive trend in incomes and an easing in price pressures should …

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 …

Years-old video of empty store on Black Friday was filmed in London, not the US
54 years, 11 months ago

Years-old video of empty store on Black Friday was filmed in London, not the US

Associated Press  

CLAIM: A video of only one shopper turning up for a Black Friday sale this year shows how President Joe Biden’s economic policies have negatively impacted consumer spending in the U.S. AP’S ASSESSMENT: False. THE FACTS: Social media users are misrepresenting an old video from the U.K. to blame Biden for the size of in-person crowds during Friday’s traditional holiday …

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 2023 is here - What it is? and everything you need to know
1 year ago

Cyber Monday 2023 is here - What it is? and everything you need to know

India TV News  

What is Cyber Monday? Notably, In 2005, the National Retail Federation came up with the term "Cyber Monday" to encourage post-Black Friday online shopping. Difference Between Cyber Monday and Black Friday Black Friday, occurring on the Friday after Thanksgiving, is a busy day for in-store shopping in the US. So, while Black Friday is about in-store bargains, Cyber Monday takes …

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 …

’A lot quieter’ Black Friday brings out discount hunters
1 year ago

’A lot quieter’ Black Friday brings out discount hunters

Live Mint  

Shoppers took to stores across the world on a Black Friday that appeared subdued compared with prior years, looking for discounted electronics, clothing and household goods in the kickoff to the holiday shopping season crucial to big retailers. “People are spending, but they’re spending more conservatively.” A record 130.7 million people are expected to shop in stores and online in …

Record number of 7.1 million payments made during Black Friday
1 year ago

Record number of 7.1 million payments made during Black Friday

NL Times  

The Black Friday phenomenon that spilled over from America led to significantly more additional debit card transactions on Friday. In the days following Black Friday, the company has to deliver around 2 million parcels per day, twice as many as on a normal day. According to the Dutch Payments Association, the number of debit card payments on Black Friday was …

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 Deals Start Early, but Shoppers Are Choosy This Year
1 year ago

Black Friday Deals Start Early, but Shoppers Are Choosy This Year

Live Mint  

Millions of Americans are headed to stores on Black Friday, but retailers are navigating through a holiday season in which shoppers aren’t splurging as much as they have in recent years. The retailer is ready for a promotional environment and is advertising goods such as electric bikes and beauty products that are selling well with the slogan, “Yes, Best Buy …

Black Friday: It’s no longer just a phenomenon in the U.S. And that has sinister consequences.
1 year, 1 month 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 offer bigger Black Friday discounts to lure hesitant shoppers hunting for the best deals
1 year, 1 month ago

Retailers offer bigger Black Friday discounts to lure hesitant shoppers hunting for the best deals

Associated Press  

NEW YORK — Shoppers venturing out to malls and stores on Black Friday found perks from champagne to virtual reality experiences and old-fashioned doorbusters, as retailers tried to entice customers who are resisting splurges and impulse buying this year. That is a recent development,” Macy’s CEO Jeff Gennette said in an interview with The Associated Press, adding that shoppers across …

Retailers are ready to kick off Black Friday just as shoppers pull back on spending
1 year, 1 month ago

Retailers are ready to kick off Black Friday just as shoppers pull back on spending

Associated Press  

NEW YORK — Retailers are kicking off the unofficial start of the holiday shopping season on Friday with a bevy of discounts and other enticements. “I don’t think is going to be some horrible business nor is it going to be some kind of explosive holiday season.” The National Retail Federation, the nation’s largest retail trade group, expects shoppers will …

Black Friday 2023: How the annual sales day got its name; all you want to know about date, history and significance
1 year, 1 month ago

Black Friday 2023: How the annual sales day got its name; all you want to know about date, history and significance

Hindustan Times  

In American culture, the Friday after Thanksgiving is known as "Black Friday". Shops typically open as early as midnight or on Thanksgiving Day to showcase amazing deals and attract large crowds on Black Friday. Black Friday 2023: How the annual sales day got its name; date, history and more Black Friday 2023 date: In the United States, Black Friday falls …

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 …

Convincing replicas of real online stores witness threefold increase as “Black Friday” sales approach
1 year, 1 month ago

Convincing replicas of real online stores witness threefold increase as “Black Friday” sales approach

The Hindu  

As Black Friday sales approach, a threefold increase was witnessed in domains using the words “Black Friday”. Cybersecurity experts also revealed that fraudsters targeted potential victims with scams using big brand industry leaders such as eBay, Walmart, Alibaba, and local platforms like Mercado Libre in 240,000 phishing attacks. Scammers were found targeting tech enthusiasts by mimicking Apple products and services …

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 …

Roll your eyes, but Black Friday's still got it. So here's what to look for
1 year, 1 month ago

Roll your eyes, but Black Friday's still got it. So here's what to look for

NPR  

Roll your eyes, but Black Friday's still got it. But nearly 1 in 5 Americans still plan to do "most of their shopping" on Black Friday, according to a survey by the accounting and consulting firm PwC. And in a throwback to analog times, half of these shoppers actually said they planned to chase doorbusters, telling a Deloitte survey that …

When do Black Friday sales start? Here's how to bag a bargain and avoid getting swept up in the frenzy
1 year, 1 month ago

When do Black Friday sales start? Here's how to bag a bargain and avoid getting swept up in the frenzy

ABC  

It may have originated in the United States, but the concept of Black Friday sales has spread across the globe. While Black Friday sales can offer consumers discounts, CHOICE editor Pru Engel says Australians should always scrutinise the deals on offer to ensure they're getting a bargain. UNSW Business School professor Nitika Garg says Black Friday sales can have an …

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 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 …

Discover Related