Black Friday sees record online as US shoppers stay home
Source: AP
By DEE-ANN DURBIN
Black Friday online sales hit a new record this year as pandemic-wary Americans filled virtual carts instead of real ones.
Consumers spent an estimated $9 billion on U.S. retail websites on Black Friday, according to Adobe Analytics, which tracks online shopping. That was a 22% increase over the previous record of $7.4 billion set in 2019.
Meanwhile, traffic to physical stores plummeted as retailers tried to prevent crowds by cutting their hours and limiting doorbuster deals. U.S. store visits dropped by 52% on Black Friday, according to Sensormatic Solutions, a retail tracker. Traffic was slower in the Northeast and West than in the Midwest and South, said Brian Field, Sensormatics senior director of global retail consulting.
Jewelry and footwear saw some of the biggest in-person sales declines, according to RetailNext, a shopping tracker. Apparel sales were down 50%, while sales of home goods fell by 39%.
Shoppers pass an Indigo Friday 40% Off sign Saturday, Nov. 28, 2020, on Chicago's famed Magnificent Mile shopping district. (AP Photo/Charles Rex Arbogast)
Read more: https://apnews.com/article/business-shopping-coronavirus-pandemic-online-shopping-790e862ab1101e3d73e30a99ab04b70e
Maxheader
(4,373 posts)FedEx and USPS and regular mail carriers running around
Out here in country...
Sherman A1
(38,958 posts)and probably more today. Some of the deals on things I would be buying anyway for my hobbies were too good to pass up.
bucolic_frolic
(43,141 posts)Blue states are taking COVID much more seriously than red states.
Who would have guessed?
GoneOffShore
(17,339 posts)Where will our entertainment come from?
ssgbryan
(23 posts)Scalpers have all of the CPUs & GPUs, but the black friday, 34" 1440p monitors are affordable. Mine was $282, including tax, shipping, & a 4 year extended warranty.
forgotmylogin
(7,527 posts)I know historically that's the day retailers were able to get "back in the black" under the convention that losses are printed in red, and profits in black on balance sheets.
But "Black Friday" has taken on an ominous tone since people were getting hurt due to early line ups and door-busting stunts resulting in stampedes and fights.
Hopefully one slight silver-lining of the pandemic is it has ended "Black Friday" one-day sales and the resulting pandemonium for good, deferring holiday Friday sales to websites online, and having week-long "Indigo" sales periods instead of one very stressful in-person-only blowout day after Thanksgiving.
Giving it a new color and designation hopefully can shed some of Black Friday's bad karma.