black friday sales kick off us shopping season
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Black Friday sales kick off US shopping season

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Black Friday sales kick off US shopping season

A New York shopper takes advantage
New York - AFP

American consumers arrived en masse in stores - and online - for the annual Black Friday shopping extravaganza that opens the US holiday shopping season.

Held the day after Thanksgiving, a period when schools are out and many offices are closed, Black Friday has evolved over the years into a massive shopping occasion known for "doorbuster" sales and other promotions to lure consumers into stores.

Retailers have also added a plethora of discounts online starting on Thanksgiving Day, accelerating on Black Friday and culminating on "Cyber Monday" just after the weekend. That has inevitably dented some of the consumer traffic at brick-and-mortar stores, although tens of millions were still expected to brave the crowds.

Those with online Black Friday promotions Friday included the Rockettes dancing group, the New Yorker magazine and President Donald Trump's campaign, which offered 30 percent discounts on all items, including the iconic red "Make America Great Again" baseball caps.

According to a survey by accounting firm Deloitte, 54 percent plan to conduct a majority of their holiday shopping in December or January, while 26 percent plan to do it in the period between Black Friday and "Cyber Monday," and 20 percent will complete most of it in the period before Thanksgiving.

For the first time since Deloitte began conducting the survey 32 years ago, consumers expect to spend a majority of their funds (51 percent) online compared with in-store (42 percent), with seven percent going to catalogue or other types of purchases.

"Shoppers flock to phones," read the front-page headline of Friday's Wall Street Journal.

While the estimates vary as far as what share online comprises of overall sales, there is little debate about the broader trend.

"The one thing that is clear is that more and more is being bought online," said Chris Christopher, executive director of IHS Markit, which expects online sales to account for 18.3 percent of overall holiday sales, up from 16.8 percent last year. 

The IHS figures are based on US Census spending patterns and includes groceries, among other categories,

Amazon on Friday announced a slew of offerings for Cyber Monday, including discounts on toys, televisions, fashion and Amazon devices such as the Echo program, which can link to the Alexa Voice Service. Customers last year ordered more than 64 million goods on Cyber Monday, 740 items per second, Amazon said in a news release.

- Booking appointment with Santa -

Faced with the rising popularity of e-commerce, brick-and-mortar retailers are redoubling efforts to try to draw consumers into stores. Macy's, for the first time, began booking advanced reservations for visits with Santa Claus, a response to time-strapped parents.

Black Friday has evolved over the years into a massive shopping occasion known for "doorbuster" sales and tempting promotions 

"Santa's a popular guy, so the wait times to meet him have been quite long in previous years," Macy's says on its website. 

"New this year, Santaland is by reservation only ... Make your free booking right here," reads the website, adding, "Time slots are subject to availability."

Retail experts are generally upbeat about the overall prospects for this year's holiday shopping performance. Unemployment stands at just 4.1 percent, US growth stands at about three percent and US stock markets are in record range.

Consumers surveyed by the National Retail Federation said they expect an average spend of $967.13 this season, up 3.4 percent compared with the average in the year-ago survey.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

black friday sales kick off us shopping season black friday sales kick off us shopping season

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

black friday sales kick off us shopping season black friday sales kick off us shopping season

 



GMT 19:16 2018 Monday ,22 January

TRA responds to hoax Dh5,000 VPN fine SMS

GMT 06:56 2018 Thursday ,18 January

Putin seeks to be 'emperor for life': Kremlin critic

GMT 16:12 2018 Saturday ,13 January

Cancer shatters gay marriage dreams

GMT 20:10 2017 Thursday ,15 June

Army chief meets French ambassador

GMT 09:14 2017 Friday ,29 December

Israel rabbis lead prayers for rain at Western Wall

GMT 06:37 2017 Friday ,29 December

Putin says Saint Petersburg blast was 'act of terror'

GMT 12:31 2017 Tuesday ,19 December

Tensions dominate the Iranian parliament amid fears

GMT 10:16 2017 Thursday ,23 November

LEO (July24th-August23rd)

GMT 04:37 2017 Thursday ,19 January

DEWA and Masdar to break ground on Phase 3

GMT 08:44 2017 Tuesday ,24 October

Iraq rebuffs US on Shiite militias on Monday

GMT 18:40 2016 Friday ,23 September

Emergency declared in North Carolina town

GMT 19:17 2011 Tuesday ,26 July

Rental prices in Abu Dhabi fell by 10 %

GMT 22:52 2011 Tuesday ,13 December

Johansson & Perry Back to Blonde

GMT 00:38 2015 Friday ,28 August

Bindi Irwin to compete on 'Dancing with the Stars'

GMT 11:48 2015 Tuesday ,01 September

EU 'concerned' by Turkish arrest of British reporters

GMT 10:17 2017 Sunday ,12 February

US threatens Iran with reprisals over missile test
Emiratesvoice, emirates voice
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice