AmazonTania
12-03-2013, 10:40 AM
I don't get it. We started the rush as early as Thanksgiving Day, interrupting our Thanksgiving dinner and time away from our families. So what's the big deal? According to ShopperTrak, the total Black Friday traffic plunged 11% and the amount of sales during that day fell by 13.2% (http://bigstory.ap.org/article/thanksgiving-takes-more-black-friday-sales). Which brings this the second consecutive year that sales on Black Friday fell following last year of 1.8%.
According to the National Retail Federation, they've expected sales to increase by 3.9% up to $602 billion for the season, but Thursday/Friday sales did increase by 2.3% (http://www.upi.com/Business_News/2013/12/02/Black-Friday-sales-fall-132-but-ThursdayFriday-sales-up-23/UPI-19571386018492/?spt=rln&or=1).
Retail figures were mixed for the holiday weekend with a drop in Black Friday sales attributed to gains on Thanksgiving Day, a U.S. retail research group said. Partially due to stores opening on Thursday, sales on Black Friday fell 13.2 percent, research firm ShopperTrak said. But over the two-day stretch of Thursday and Friday combined, sales were up 2.3 percent from the same two days of 2012, ShopperTrak said.
Some industry analysts said that the fewer shopping days between Thanksgiving and Christmas this year prompted retailers to offer shopping deals as early as October, which took away some of the impact of the Black Friday sales event, The New York Times reported Sunday.
The National Retail Federation also said Black Friday sales did not hold up compared to last year, but overall sales for the shopping season were expected to rise 3.9 percent from 2012.
The NRF estimated 141 million people shopped during the four-day holiday, including online shopping, a 1 percent gain from 2012.
Spending, however, fell from $423.55 per person last year to $407.02 this year with total spending projected at $57.4 billion, down nearly 3 percent from 2012, when the weekend rang up receipts of $59.1 billion.
http://www.upi.com/Business_News/2013/12/02/Black-Friday-sales-fall-132-but-ThursdayFriday-sales-up-23/UPI-19571386018492/#ixzz2mQUnbsrF
Over the entire weekend of Black Friday sales, shopper traffic declined 4% while sales throughout the entire weekend increased a tiny 1%. The plunge was generally led by Electronics, a decline of -6.5%, but National Apparel & Accessories increased by 9.4%.
http://img546.imageshack.us/img546/1000/h1n8.jpg
We can't even get people to neglect their families and spend more money.
The economy is doomed...
According to the National Retail Federation, they've expected sales to increase by 3.9% up to $602 billion for the season, but Thursday/Friday sales did increase by 2.3% (http://www.upi.com/Business_News/2013/12/02/Black-Friday-sales-fall-132-but-ThursdayFriday-sales-up-23/UPI-19571386018492/?spt=rln&or=1).
Retail figures were mixed for the holiday weekend with a drop in Black Friday sales attributed to gains on Thanksgiving Day, a U.S. retail research group said. Partially due to stores opening on Thursday, sales on Black Friday fell 13.2 percent, research firm ShopperTrak said. But over the two-day stretch of Thursday and Friday combined, sales were up 2.3 percent from the same two days of 2012, ShopperTrak said.
Some industry analysts said that the fewer shopping days between Thanksgiving and Christmas this year prompted retailers to offer shopping deals as early as October, which took away some of the impact of the Black Friday sales event, The New York Times reported Sunday.
The National Retail Federation also said Black Friday sales did not hold up compared to last year, but overall sales for the shopping season were expected to rise 3.9 percent from 2012.
The NRF estimated 141 million people shopped during the four-day holiday, including online shopping, a 1 percent gain from 2012.
Spending, however, fell from $423.55 per person last year to $407.02 this year with total spending projected at $57.4 billion, down nearly 3 percent from 2012, when the weekend rang up receipts of $59.1 billion.
http://www.upi.com/Business_News/2013/12/02/Black-Friday-sales-fall-132-but-ThursdayFriday-sales-up-23/UPI-19571386018492/#ixzz2mQUnbsrF
Over the entire weekend of Black Friday sales, shopper traffic declined 4% while sales throughout the entire weekend increased a tiny 1%. The plunge was generally led by Electronics, a decline of -6.5%, but National Apparel & Accessories increased by 9.4%.
http://img546.imageshack.us/img546/1000/h1n8.jpg
We can't even get people to neglect their families and spend more money.
The economy is doomed...