Thanksgiving news and archive

Thanksgiving weekend sees record numbers as promotions sway consumers

A record number of shoppers were reported to have turned out for the Thanksgiving holiday weekend, as compelling promotions and an extended five-day window encouraged engagement. The National Retail Federation’s (NRF) annual consumer survey, released alongside Prosper Insights & Analytics, recorded 202.9 million consumers across Thanksgiving Day...

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Business

US retail sales bounce back in October ahead of forecasted ‘record’ Thanksgiving weekend

Things seem to be looking up for the US retail sector, which bounced back “strongly” in October according to new figures released by the CNBC/National Retail Federation (NRF) Retail Monitor. According to the report, total retail sales were up 0.74 percent seasonally adjusted month-over-month, and up 4.13 percent unadjusted year-over-year in the...

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Retail

Consumers intend to spend 470 dollars over Thanksgiving weekend

Consumers are estimated to spend 470 dollars on holiday items in the period beginning with Thanksgiving and ending with Cyber Monday, according to a recent survey. The new ICSC Thanksgiving Weekend Intentions survey represented a sample of 1,002 US respondents. The data revealed that 91 percent of consumers will make purchases from retailers...

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Management

Holiday shopping kick-off: 5 days, 164 million shoppers

New York - This week marks the beginning of the holidays shopping season, a key period for retailers worldwide. This year, an estimated 164 million people in the U.S. will go shopping Thanksgiving Day through Cyber Monday. The new annual survey by the National Retail Federation (NRF) and Prosper Insights & Analytics found that found that of...

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Retail

Black Friday: What to expect?

The annual shopping bonanza is just around the corner, what can we expect? Here are some graphs that helps to answer a few basic questions: where, when, and how much are they going to shop? In Store vs. Online: a zero-sum game? Savvy shoppers are now utilising both online and offline channels to hunt for the best deal: 64.6 million consumers...

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Retail

The rise of Black Friday - the end of Cyber Monday?

Mobile and international sales pushed online sales to a record high this Black Friday, ahead of the Monday after Thanksgiving, known as Cyber Monday, which is usually thought of as the biggest online shopping day. Online sales during Black Friday past the 2 billion dollar, or 1.27 billion pound mark for the first time in history – surpassing the...