Вторник, 12 Декабря, 2017

'Black Friday' in USA brings great news for global e-commerce

Is brick-and-mortar retail making a comeback Macy's credit card processors stop working on Black Friday
Kelvin Reese | 29 Ноября, 2017, 01:06

The 24-year-old is visiting Denver from Saudi Arabia and is shopping for her birthday, which was on Thanksgiving Day. Were consumers as engaged as ever or has Black Friday been diluted in the United Kingdom with most retailers running sales over a 10 day period combined with the economy leaving shoppers with less cash in their pockets?

JC Penney climbed 0.6% and Wal-Mart Stores edged upward.

OK, obligatory peek at how Cyber Monday performed.

The annual dip of 3.6% is a clear reaction to the impact of retailers spreading out offers over the week leading up to Black Friday, when footfall rose by 1.3% annually. But the day wasn't without its glitches.

Macy's customers in several states took to social media to complain about the retailer's credit card processing system.

While sales boomed online, purchases at malls and large retailers remained strong, CNN reported. However, Black Friday's record $5 billion in online sales reflect consumer confidence is at its highest point. Fundivo, a small business loan adviser, found that by 2015, 49 percent of Americans said they have shopped on Cyber Monday.

"We do this every year-we came here for fun", said McCluskey, who arrived at Target with her two adult sons.

The growing online shopping trend has forced the toy chain Toys R Us and apparel retailers True Religion, The Limited, Rue21 and Payless Shoe Source to file for bankruptcy in 2017. "You can feel and touch and look at the products".

ShopperTrak was optimistic for the holiday shopping season, since there are four Saturdays in December before Christmas.

Читайте также: Mumbai attack mastermind Hafiz Saeed walks free

Adobe said Cyber Monday is expected to beat $6.6 billion in internet sales, which would make it the most vital USA online shopping day in history yet.

Amazon nabbed almost half of all Black Friday orders - between 45 and 50 percent, a new report from GBH Insights notes - making over a billion dollars within the 24-hour period last Friday.

Physical-store traffic, meanwhile, was down 4 percent to 6 percent, Cowen and Co. analyst Oliver Chen estimates.

Digital retail giant Amazon said Friday that orders were rolling in "at record levels". To keep shoppers from straying, Wal-Mart and others have pumped billions into their web operations. Until the user centricity of some retail sites is addressed and improved, the desktop will still have a lead in terms of online buying.

Commerce marketing firm Criteo said that 40 % of Black Friday online purchases were made on mobile phones, up from 29 % from previous year. Macy's CEO Jeff Gennette told CNBC Friday morning that traffic at the department store chain's flagship Herald Square location already looked to be stronger than previous year.

Some retailers have more of an uphill battle. As of 10 a.m., sales had reached $840 million, a 17% increase from previous year. There was little sign of the wild shopper frenzy customary of Black Fridays from last years. She's been a regular Sears customer for years, but feels like the selection has gone downhill.

"I'd much rather do online", Boyd said. "They don't have good brands".

"I like to see what I'm buying".

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