NEW YORK — Seventy-nine percent of consumers will shop for holiday gifts during the period between Thanksgiving and Cyber Monday, according to Deloitte LLP, which has dubbed the upcoming weekend “the most wonderful time of the year” for retailers. Shoppers are expected to spend an average of $415 over Thanksgiving weekend, with 87% of those
NEW YORK —Black Friday lived up to its reputation as the busiest shopping day of the year, according to the International Council of Shopping Centers, which estimates that about 151 million people visited a mall or shopping center over the weekend. “Black Friday kicked the holiday shopping season into high gear, driven by positive consumer
Retailers started this year’s holiday shopping season with something to be thankful for — robust sales on Black Friday and Cyber Monday. A National Retail Federation poll found that more than 174 million people shopped in stores and online over the course of the holiday weekend, which is about 10 million more than NRF’s pre-holiday
GOODLETTSVILLE, Tenn. — With the year-end holidays approaching, Dollar General announced it is offering customers everyday low prices on thousands of items useful in celebrating “affordably and in style,” with a holiday assortment that includes home décor in trendy themes, gifts for family and friends, fashionable apparel for winter weather and food and snack items.
The recent holiday season turned out to be a pretty merry one for retailers, preliminary figures suggest. And while consumers are shifting more of their shopping to online venues, they also continue to flock to brick-and-mortar stores, and even once again proved willing to fight the crowds to take advantage of Black Friday deals. That
CHICAGO — The nation’s retailers used hefty discounts to lure Black Friday shoppers into their stores and to their websites to capture as much spending as they could over the four-day Thanksgiving weekend, according to research firm Market Track LLC. Retailers proactively released their circulars on average three days earlier than last year through their
NEW YORK — For 2015, the food, drug and mass retail channel saw holiday sales growth in line with that of recent years. Total sales for discount stores grew 3.3% for the 28-day period between Thanksgiving and Christmas, compared with 3.5% in 2014, according to research by Racher Press, the publisher of MMR. Same-store sales
NEW YORK – Surging online sales contrasted with disappointing brick-and-mortar volume as the holiday shopping season got under way. E-commerce purchases soared 14% on Cyber Monday to a record $3 billion plus, causing websites including target.com to temporarily crash from overuse. In-store crowds for Black Friday, by comparison, were thinner than expected. ShopperTrak estimated brick-and-mortar