Early holiday promotions and rising online shopping took a toll on in-store U.S. sales during the Thanksgiving weekend as shoppers on average spent 6.4 percent less than they did a year earlier.
Black Friday, the annual rite of retail that commands American attention the day after Thanksgiving, is catching on around the world. People from London to Leipzig to London, Ontario are starting to rush big box stores the next day.
Black Friday weekend is the year’s biggest promotional event for most major U.S. retailers, and yet there are prominent holdouts ignoring it — or at least being discreet about their specials.
Halloween and Mother’s Day have become staples of the U.K. shopping calendar. Now Black Friday looks as though it may be the next big retail import from the United States.
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United Parcel Service Inc’s chief executive officer said on Monday the company’s closer collaboration with major retailers should bring a smooth holiday season, but he said UPS would charge customers more or even refuse packages if last-minute sales by a major customer threaten the company’s system.
As the holidays near, retailers face a dilemma: Open on Thanksgiving and stand accused of ruining a national holiday or stay closed and risk losing sales.
SAN FRANCISCO, United States — Online spending on Black Friday increased 15 percent to a record $1.20 billion as more consumers opted to shop from their couches rather than battling long lines at stores.
NEW YORK, United States — U.S. retailers' controversial choice to kick off the U.S. holiday shopping season early, on Thanksgiving, may not pay off as much as they had hoped.
SAN FRANCISCO, United States — Cyber Monday, billed as one of the busiest online-commerce days of the year, is spilling into the rest of the holiday season as more consumers use mobile devices to shop whenever they please.
NEW YORK, United States — U.S. retail sales may increase 3.9 percent during the holiday season, as political and economic uncertainties damp consumer confidence, the National Retail Federation said.
US department stores gain Black Friday traffic (Reuters) “U.S. shoppers spent 6.4 percent more this Black Friday weekend than last year and hit department stores and clothing shops, rather than focusing on discounters as they had done in recent years.” Christmas shoppers stung by early price hike (Telegraph) “An investigation has revealed Christmas shoppers are being stung by rises of up to 26 per cent on gifts
Dreaming of Clasps and Tassels (WSJ) “Handbag designer Anya Hindmarch designs in her sleep—literally. Some of her best-selling ideas come in the early hours of light sleep at her London townhouse, when a dream culminates in an image of a bag, shoe or detail like a clasp or tassel.” The Future Will Be Personalized (Tech Crunch) “Today, we live in a world where we’re constantly overwhelmed by information. There are