Cyber Week is off to a strong start, where bigger-than-expected discounts on Thanksgiving propelled impulse shopping in categories like electronics and apparel,
Adobe is reaffirming its forecast that a new e-commerce record will be set on Black Friday and surge past the $10 billion mark,
We came mostly for the experience but we've also found some very good deals,
It's pretty expensive to live in America in general,
We hope things get better,
Compared to Mexico, it's much cheaper to come here, even when you add the hotel and the flight,
Many well-known retailers elected to close on Thanksgiving this year to prevent crowds in stores and give their hard-working employees more time with their families. Additionally, with Black Friday deals being spread throughout the holiday season, the typical holiday traffic peaks are flattening, with more days sharing importance throughout the season."
As we approach Super Saturday, December 19, and corresponding shipping deadlines, we expect to see some of the in-store traffic that didn't materialize on Black Friday appear as consumers wrap up their holiday shopping and make last-minute purchases,
New consoles, phones, smart devices and TVs that are traditional Black Friday purchases are sharing online shopping cart space this year with unorthodox Black Friday purchases such as groceries, clothes, and alcohol, that would previously have been purchased in-store."
Due to COVID-19 and social distancing requirements, shoppers were more purposeful in their in-person Black Friday shopping, causing significantly less crowds than we've seen in the past."
For many people, payday will have fallen today which may be the final payday before Christmas, therefore today’s Black Friday sales will provide them with ample opportunity to grab some festive bargains, which again is positive news for retailers and leisure or hospitality vendors.”
My motto is: if you need or want something and you can wait till Black Friday, then you wait to buy. Don't buy things for the sake of buying things."
I used to work in Bershka and they didn't rise up the price, it was items that were already discounted that nobody wanted to purchase."
When a season is ending, they [stores] want to clear out the current season's inventory to prepare for the next one. This helps prevent overstocking and frees up shelf space. Also, some items may not have sold well during the season due to changing fashion, so end-of-season sales provide a final opportunity to sell these items."
I feel like it depends on the store to be honest,
This allows them to offer lower prices without sacrificing their usual profit margins,
Stores promote doorbuster deals with limited quantities to sell stock at a faster rate. This scarcity tactic creates a sense of urgency and competition among shoppers."
We've seen a strong early response to our holiday assortments, and we are ready and excited for the peak selling period to kick into high gear this week,
People are still spending, but they perhaps don't have as much to spend,
This mega promotional event is a mixed blessing for retailers. It provokes such shopping mania in the quest for a good deal that around three quarters of people will actually put off spending in the run-up to the event,