Retailers can breathe a sigh of relief. The holiday shopping season started strong, with bigger crowds spending more dollars than ever before. According to ShopperTrak — the world’s largest provider of retail and mall foot-traffic counting services — Black Friday sales increased 6.6 percent over the same day last year. This represents $11.40 billion in retail [...]
More than 50 Million Americans Visited Online Retail Sites on Black Friday Thanksgiving Day Online Spending Jumps 18 Percent to $479 Million comScore reported U.S. retail e-commerce spending for the first 25 days of the November – December 2011 holiday season. For the holiday season-to-date, $12.7 billion has been spent online, marking a 15-percent increase [...]
Buy.com reported sales over the last two days grew by double digits year-over-year (as of 8 p.m. PST on Friday, Nov. 25). A major driver of the company’s overall sales growth was Buy.com’s marketplace, which includes more than 4,000 top-tier retailers. Savvy shoppers took advantage of deals on the bestselling HDTVs, laptops, tablets, home products [...]
Shoppers Will Spend Four More Hours Gift-Hunting this Year; Twenty-nine Percent Plan to Shop in Stores on Black Friday Frugality must be time-consuming because although many Americans plan to cut back slightly on their holiday spending this year, they won’t be cutting back their time spent on shopping itself. On average, adults will spend, on [...]