As consumers turned to digital shopping for the holiday season, Comscore found that online spending across Thanksgiving, Black Friday and Cyber Monday exceeded $22 billion in the three days, a 25% advance from 2019.
Based on early analysis of shopping patterns, 1010data has forecast a 5% increase in year-end sales for the holidays, with digital up 50% and store spending down 1% versus the 2019 season.
The annual survey Prosper Insights & Analytics conducts for the National Retail Federation demonstrated that, while not all up in 2020 versus 2019, the sales numbers for the Thanksgiving weekend period still demonstrated that the overall holiday season is on track to meet expectations.
Preliminary reports suggest that, although sales gained online, brick and mortar retail wasn’t quite as vibrant on Black Friday as in years past, although that might be a good thing.
In a customer study, Meijer found that 60% of shoppers plan to spend the same money on food and gifts this holiday season as they have in the past but will splurge on those closest to them, with kids being particular beneficiaries.
Meijer has revealed a sneak peek at weeklong holiday deals that will replace traditional Black Friday sales its stores have offered in recent years. The ads are the latest in the retailer’s continued efforts to provide customers opportunities to adjust their shopping strategies due to the pandemic.
Market research firm Numerator has released new Prime Day 2020 findings that, coupled with survey data, indicate Amazon will lead the holiday shopping season in terms of household penetration in the U.S.
For this Thanksgiving, BJ’s Wholesale Club has set promotions to help with the meal and the leftovers.
Breville will hold a charitable virtual cooking series for The Edible Schoolyard Project in partnership with chef collective Homemade, home entertaining expert Stephanie Nass and Imperfect Foods.
The annual Deloitte Holiday Retail Survey addresses a market radically reshaped by the COVID-19 pandemic but one where consumers are still determined to shop.
To reward workers during the COVID-19 pandemic, Walmart said it will pay out another special cash bonus to store, club, distribution center and fulfillment center employees for their ongoing contributions and dedication to serving customers, members and communities.
Wayfair has reported a 36% increase year over year in direct retail gross sales, defined as dollars of order intake, for the five-day peak shopping period of Thanksgiving Day through Cyber Monday. Black Friday and Cyber Monday were Wayfair’s highest revenue days ever, the company said.
A record 189.6 million U.S. consumers shopped from Thanksgiving Day through Cyber Monday this year, an increase of 14% over last year’s 165.8 million, according to a survey from the National Retail Federation and Prosper Insights & Analytics.
Black Friday remains a meaningful date even as retailers stretch out the promotion to as long as a week. About 17% of consumers responding to The NPD Group’s 2019 Holiday Purchase Intentions Survey said they plan to wait to start their holiday shopping on Black Friday itself.
According to Deloitte’s Pre-Thanksgiving Pulse Survey, 79% of consumers plan to shop for holiday gifts between Thanksgiving and Cyber Monday, with more spending shifting online.
More than half of consumers began shopping for the holiday by the first week of November and almost a quarter of purchases were made by then, according to an annual survey published by the National Retail Federation and Prosper Insights & Analytics.
Bed Bath & Beyond is launching its first-ever national television and radio advertising campaign to highlight the retailer’s Black Friday savings event, which is offering its lowest prices of the season and for the first time ever, a 25% off entire purchase in-store only coupon.