Sunday, January 24, 2021
Germany Latest News
  • Sports
  • USA
  • Asia
  • Health
  • Life Style
  • Tech
  • Science
  • Latin America
  • Africa
  • Europe
No Result
View All Result
Germany Latest News
Home USA

Black Friday shoppers spent $5 billion online in 24 hours

admin by admin
November 26, 2017
in USA
0
Black Friday shoppers spent $5 billion online in 24 hours
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Related posts

Trump’s final full week in office ends with the nation in disarray

Trump’s final full week in office ends with the nation in disarray

January 16, 2021
US Congress in turmoil as violent Trump supporters breach building

US Congress in turmoil as violent Trump supporters breach building

January 6, 2021

Black Friday shoppers hit the stores on Thanksgiving Day

Black Friday 2017 was all about digital sales.

American shoppers spent a record $5 billion in 24 hours. That marks a 16.9% increase in dollars spent online compared with Black Friday 2016, according to data from Adobe Digital Insights, which tracks 80% of online spending at America's 100 largest retail websites.

Digital retail giant Amazon(AMZN, Tech30) said Friday that orders were rolling in "at record levels." More than 200,000 toys were sold in just the first five hours of the day, the company said. Amazon did not provide sales figures for Black Friday.

Meanwhile, malls and big-box retailers were left only slightly emptier.

Early estimates from ShopperTrak, a data analytics company that measures the number of shoppers at stores, said foot traffic "decreased less than one percent when compared to Black Friday 2016."

A meager dip is good news for traditional retailers. As online-savvy businesses continue to gobble up more and more of the market share, companies like Macy's(M), JCPenney(JCP), Gap(GPS) and Sears(SHLD) have suffered.

It remains to be seen exactly how much in-store shoppers were willing to spend. That will be a crucial data point in assessing retailers' woes.

Related: Is this the last Black Friday?

But Brian Field, senior director of advisory services for ShopperTrak, is optimistic.

"There has been a significant amount of debate surrounding the shifting importance of brick-and-mortar retail, and the fact that shopper visits remained intact on Black Friday illustrates that physical retail is still highly relevant and, when done right, profitable," Field said in a statement.

Looking at both Thanksgiving Day and Black Friday, however, in-store foot traffic was actually down nearly 2% compared to the same two days last year.

Field says that's likely because "a greater number of brick-and-mortar retailers opted to close on Thanksgiving Day."

We'll know more about how it all shakes out in the coming months and early 2018, when big-box retailers post their next round of earnings reports.

In the meantime, there's plenty of busy holiday shopping days to come.

Adobe predicts that Cyber Monday will be even bigger than Black Friday, bringing in as much as $6 billion in digital sales.

Original Article

CNN

Previous Post

Danish fan fined, expelled from Russia after throwing flare at Moscow game

Next Post

Cartel Violence Breaks More Records in Mexican Pacific Beach Resorts

Next Post
Cartel Violence Breaks More Records in Mexican Pacific Beach Resorts

Cartel Violence Breaks More Records in Mexican Pacific Beach Resorts

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Rain helps to bring California wildfires under control

Rain helps to bring California wildfires under control

2 years ago
Sad! Pathetic! A history of Trump’s Twitter insults

Sad! Pathetic! A history of Trump’s Twitter insults

3 years ago
FCC to investigate CenturyLink as nationwide outage continues, 911 calls disrupted     – CNET

FCC to investigate CenturyLink as nationwide outage continues, 911 calls disrupted – CNET

2 years ago
No-deal Brexit could send UK cigarette labeling up in smoke

No-deal Brexit could send UK cigarette labeling up in smoke

2 years ago

FOLLOW US

  • 79 Followers

BROWSE BY CATEGORIES

  • Africa
  • Asia
  • Europe
  • Health
  • latest news
  • Latin America
  • Life Style
  • Science
  • Sports
  • Tech
  • USA

BROWSE BY TOPICS

2018 League Balinese Culture Bali United Budget Travel Champions League Chopper Bike Doctor Terawan Istana Negara Market Stories National Exam Pope Francis may mediate Gulf Crisis Solution Visit Bali
No Result
View All Result

Recent Posts

  • Kunal Kapur: I want to research more on immunity boosters in 2021
  • Coronavirus: Face mask, face shield, FFP2, N95, KN95 – what’s the difference?
  • Bundesliga: Borussia Dortmund’s home woes continue after Marco Reus penalty miss
  • As Germans continue to circulate, COVID death rate rises
  • Trump’s final full week in office ends with the nation in disarray

Categories

  • Africa
  • Asia
  • Europe
  • Health
  • latest news
  • Latin America
  • Life Style
  • Science
  • Sports
  • Tech
  • USA

Tags

2018 League Balinese Culture Bali United Budget Travel Champions League Chopper Bike Doctor Terawan Istana Negara Market Stories National Exam Pope Francis may mediate Gulf Crisis Solution Visit Bali
German Constitutional Court upholds ban on anti-lockdown protest
latest news

German Constitutional Court upholds ban on anti-lockdown protest

by admin
December 6, 2020
0

An anti-lockdown group had filed an urgent court appeal hoping to allow 20,000 people to gather in Bremen. Despite the...

Read more

Recent News

  • Kunal Kapur: I want to research more on immunity boosters in 2021
  • Coronavirus: Face mask, face shield, FFP2, N95, KN95 – what’s the difference?
  • Bundesliga: Borussia Dortmund’s home woes continue after Marco Reus penalty miss

Category

  • Africa
  • Asia
  • Europe
  • Health
  • latest news
  • Latin America
  • Life Style
  • Science
  • Sports
  • Tech
  • USA

Recent News

Kunal Kapur: I want to research more on immunity boosters in 2021

Kunal Kapur: I want to research more on immunity boosters in 2021

January 16, 2021
Coronavirus: Face mask, face shield, FFP2, N95, KN95 – what’s the difference?

Coronavirus: Face mask, face shield, FFP2, N95, KN95 – what’s the difference?

January 16, 2021
  • About
  • Advertise
  • Careers
  • Contact

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • Home
  • Sports

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.