black friday sales kick off us shopping season
Last Updated : GMT 05:21:58
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 05:21:58
Arab Today, arab today

Arrived en masse in stores

Black Friday sales kick off US shopping season

Arab Today, arab today

Arab Today, arab today Black Friday sales kick off US shopping season

Online Black Friday promotions Friday included the Rockettes dancing group
New York - Arab Today

American consumers arrived en masse in stores - and online - for the annual Black Friday shopping extravaganza that opens the US holiday shopping season.

Held the day after Thanksgiving, a period when schools are out and many offices are closed, Black Friday has evolved over the years into a massive shopping occasion known for "doorbuster" sales and other promotions to lure consumers into stores.
Retailers have also added a plethora of discounts online starting on Thanksgiving Day, accelerating on Black Friday and culminating on "Cyber Monday" just after the weekend. That has inevitably dented some of the consumer traffic at brick-and-mortar stores, although tens of millions were still expected to brave the crowds.

Those with online Black Friday promotions Friday included the Rockettes dancing group, the New Yorker magazine and President Donald Trump's campaign, which offered 30 percent discounts on all items, including the iconic red "Make America Great Again" baseball caps.

According to a survey by accounting firm Deloitte, 54 percent plan to conduct a majority of their holiday shopping in December or January, while 26 percent plan to do it in the period between Black Friday and "Cyber Monday," and 20 percent will complete most of it in the period before Thanksgiving.

For the first time since Deloitte began conducting the survey 32 years ago, consumers expect to spend a majority of their funds (51 percent) online compared with in-store (42 percent), with seven percent going to catalogue or other types of purchases.

"Shoppers flock to phones," read the front-page headline of Friday's Wall Street Journal.

While the estimates vary as far as what share online comprises of overall sales, there is little debate about the broader trend.

"The one thing that is clear is that more and more is being bought online," said Chris Christopher, executive director of IHS Markit, which expects online sales to account for 18.3 percent of overall holiday sales, up from 16.8 percent last year.

The IHS figures are based on US Census spending patterns and includes groceries, among other categories,

Amazon on Friday announced a slew of offerings for Cyber Monday, including discounts on toys, televisions, fashion and Amazon devices such as the Echo program, which can link to the Alexa Voice Service. Customers last year ordered more than 64 million goods on Cyber Monday, 740 items per second, Amazon said in a news release.

- Booking appointment with Santa -

Faced with the rising popularity of e-commerce, brick-and-mortar retailers are redoubling efforts to try to draw consumers into stores. Macy's, for the first time, began booking advanced reservations for visits with Santa Claus, a response to time-strapped parents.

"Santa's a popular guy, so the wait times to meet him have been quite long in previous years," Macy's says on its website.

"New this year, Santaland is by reservation only ... Make your free booking right here," reads the website, adding, "Time slots are subject to availability."

Retail experts are generally upbeat about the overall prospects for this year's holiday shopping performance. Unemployment stands at just 4.1 percent, US growth stands at about three percent and US stock markets are in record range.

Consumers surveyed by the National Retail Federation said they expect an average spend of $967.13 this season, up 3.4 percent compared with the average in the year-ago survey.

Source:AFP

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

black friday sales kick off us shopping season black friday sales kick off us shopping season

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

black friday sales kick off us shopping season black friday sales kick off us shopping season

 



Arab Today, arab today Modern colorful bedroom renovation

GMT 11:23 2017 Thursday ,21 December

Modern colorful bedroom renovation
Arab Today, arab today For the Variety of Interior Design Styles

GMT 11:14 2017 Tuesday ,19 December

For the Variety of Interior Design Styles

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 01:23 2016 Friday ,23 December

Tourism: New weekly flights from Germany

GMT 23:53 2017 Tuesday ,01 August

Boost to Saudi-Japan trade ties

GMT 14:47 2017 Thursday ,26 January

Singapore stocks close 0.39% higher

GMT 00:34 2016 Friday ,23 December

Funeral held for Russia's ambassador to Turkey

GMT 03:25 2017 Sunday ,05 November

National Geographic Food magazine to launch

GMT 12:26 2016 Saturday ,02 January

SCIFF achieved impressive success

GMT 14:08 2016 Wednesday ,10 February

India, UAE eye trade, security on crown prince's visit

GMT 11:17 2017 Tuesday ,07 February

Climate change may overload US electrical grid

GMT 14:07 2016 Saturday ,13 February

'Lazarus' Biggar primed for Scotland showdown

GMT 20:24 2016 Sunday ,02 October

Macedonian GDP up by 3.8% in 2015: data

GMT 09:45 2016 Wednesday ,28 December

Romanian President Rejects Left’s Premier Candidate

GMT 12:55 2016 Saturday ,06 August

Yemen rebels name governing body

GMT 16:32 2016 Thursday ,01 September

World Bank sells landmark SDR bonds in China

GMT 04:59 2012 Tuesday ,24 January

Ramez Amir new face of Egyptian cinema

GMT 12:49 2016 Monday ,31 October

For star of 'Big Bang Theory'

GMT 09:59 2016 Sunday ,22 May

Too early for judgments over plane crash

GMT 09:19 2015 Thursday ,17 December

Juve rout Torino to keep double on track
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday