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US: Preliminary Black Friday performance
  • Vitaliy_KiselevVitaliy_Kiselev

    65 percent of Americans said they were living paycheck to paycheck, up from 61 percent last year, in part because their purchasing power has been eroded.

    Americans don't trust each other anymore. These days, only one-third of Americans say most people can be trusted. Half felt that way in 1972, when the General Social Survey first asked the question.

    About 97 million people planned to shop online or in stores on Friday, with about 140 million intending to do so Thanksgiving through Sunday, the National Retail Federation said. That’s down from 147 million last year.

    Online sales rose 20 percent from last year on Thanksgiving and 19 percent on Black Friday.

    Sales on Friday fell 13.2 percent from last year, with foot traffic down 11.4 percent. Foot traffic for the combined Thanksgiving-Black Friday period rose 2.8 percent to more than 1.07 billion store visits.

    Shoppers took advantage of the discounts and focused only on the items they needed while shunning impulse purchases of goods retailers have kept closer to full price.

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  • Vitaliy_KiselevVitaliy_Kiselev

    Holiday spending was down this Thanksgiving weekend in another sign that a choppy economic recovery is keeping consumers cautious about purchases.

    Even as the number of shoppers rose to 141 million — an expected increase from last year’s 139 million — the average consumer kept to a tighter budget, according to a survey released Sunday by the National Retail Federation.

    Shoppers spent an average of $407.20 between Thursday and Sunday, down 4 percent from the $423.55 they spent last year. Overall sales slipped 2.9 percent from 2012 to an estimated $57.4 billion.

    http://www.washingtonpost.com/business/capitalbusiness/thanksgiving-shoppers-spent-less-this-year-weekend-sales-down-29-percent-report-says/2013/12/01/a252ee94-55f7-11e3-835d-e7173847c7cc_story.html?tid=hpModule_79c38dfc-8691-11e2-9d71-f0feafdd1394

  • Vitaliy_KiselevVitaliy_Kiselev

    The day widely regarded as the Super Bowl of online sales ca-chinged its way to a record day for retailers, including Walmart, and marked a shift in shopping preferences as smartphones and tablets drove nearly a third of traffic — and for some retailers, more than half.

    The numbers are mind-boggling. As of 6 p.m. Eastern time, overall sales were up 17.5% on Cyber Monday compared with last year, says IBM Digital Analytics Benchmark. Another e-commerce research company, Custora Pulse, found online sales up almost 19%. The numbers may shift even higher as people continue to shop through the evening.

    This year, "Cyber Monday is well on its way to being the biggest online shopping day in history,"

    http://www.usatoday.com/story/money/business/2013/12/02/cyber-monday-results/3804039/

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