Strong Black Friday week sales were no match for the disruption caused by Hurricane Sandy, as US retailers hope to make up lost sales in December.
NRF: A record 247 million shoppers visited stores and websites over Black Friday weekend, up from 226 million last year.
One-third of the country plans to shop on Black Friday, the day after Thanksgiving, according to a survey by WSL/Strategic Retail. The survey found that while consumers don’t necessarily expect the best deals on Black Friday, they enjoy the tradition.
November retail sales, including Black Friday and Cyber Monday, were up just over 3 percent, a slow-down that many retailers are blaming on weather and lackluster sales up until the end of the month.
Lured by deals and discounts, shoppers appear to have shrugged off economic worries to post record Thanksgiving weekend sales of $52.4 billion, the latest figures suggest, with apparel among the top gifts.
You know it’s a slow news day when The New York Times features a story on dress codes for cab drivers, not in the Style section but on their front page! I guess they figured that with the entire city out looking for bargains at the crack of dawn on Black Friday, no one was [...]
Q: I’m already seeing a lot of buzz about Black Friday sales in the news. How much should I expect to mark down this season, given that some of the bigger retailers are offering steep discounts? A: We’re expecting markdowns among our menswear retailers to be similar to last year’s. You don’t have to go [...]