Facebook with Latestnigeriannews  Twieet with latestnigeriannews  RSS Page Feed
Home  |  All Headlines  |  Punch  |  Thisday  |  Daily Sun  |  Vanguard   |  Guardian  |  The Nation  |  Daily Times  |  Daily Trust  |  Daily Independent
World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  More Channels...

Viewing Mode:

Archive:

  1.     Tool Tips    
  2.    Collapsible   
  3.    Collapsed     
Click to view all Entertainment headlines today

Click to view all Sports headlines today

Black Friday shopping dropped 52% in US stores, while online sales rose by 22%, according to data

Published by Business Insider on Sun, 29 Nov 2020


<p><img src="https://static2.businessinsider.com/image/5fbf0d0850e71a0011557859-2400/black-friday-macys.jpg" border="0" alt="black friday macysNEW YORK, NEW YORK - NOVEMBER 20: A man wearing a mask walks past a Black Friday sign displayed at Macy's Herald Square on November 20, 2020 in New York City. The pandemic has caused long-term repercussions throughout the tourism and entertainment industries, including temporary and permanent closures of historic and iconic venues, costing the city and businesses billions in revenue. (Photo by Alexi Rosenfeld/Getty Images)" data-mce-source="Alexi Rosenfeld/Getty Images"></p><p></p><bi-shortcode id="summary-shortcode" data-type="summary-shortcode" class="mceNonEditable" contenteditable="false">Summary List Placement</bi-shortcode><p>Retail stores were emptier than usual on Black Friday, as more than half the crowds who usually shop in person stayed home, according to a data tracker.</p><p><a href="https://www.sensormatic.com/resources/pr/2020/black-friday-2020">Sensormatic Solutions</a> reported that US stores saw 52.1% less foot traffic than the same day in 2019. As infections from the Coronavirus pandemic rise around the world, some retailers kept their doors closed. Others reduced the number of shoppers who were allowed to be in store. Photos of malls around the country <a href="https://www.businessinsider.com/empty-stores-on-black-friday-due-to-coronavirus-pandemic-2020-11">showed empty stores</a>.&nbsp;</p><p>Brian Field, Sensormatic's senior director of global retail consulting, said in a press release: "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."</p><p>He said that this was compounded by retailers not offering as many "in-store doorbusters", as well as the increasing adoption of e-commerce.</p><p>In-store traffic declined most on Thanksgiving Day, falling 94.9%. For the entire Thanksgiving week, in-store shopping fell 45.2%, according to the release.</p><p><img src="https://static3.businessinsider.com/image/5fc1122e50e71a0011557a30-2400/GettyImages-1229815135.jpg" border="0" alt="black friday 2020" data-mce-source="Jeenah Moon/Getty Images"></p><p>Said Field: "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."</p><p>The Center for Disease Control and Prevention listed in-person shopping as a "higher risk" activity during the pandemic, and urged shoppers to switch to online buying. Adobe Analytics said&nbsp;online shopping grew 22% on Black Friday, the day after Thanksgiving, when retailers big and small roll out deals to jumpstart holiday sales, <a href="https://www.cnbc.com/2020/11/28/black-friday-2020-online-shopping-surges-22percent-to-record-9-billion-adobe-says.html">according to CNBC</a>.</p><p>Taylor Schreiner, a director at Adobe Digital Insights, told CNBC: "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."</p><p>Even with the Coronavirus pandemic, Sensormatic expects holiday shopping to pick up in stores during December.&nbsp;</p><p>"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," said Field.</p><p><a href="https://www.businessinsider.com/black-friday-shopping-us-dropped-52-percent-says-sensormatic-solutions-2020-11#comments">Join the conversation about this story &#187;</a></p> <p>NOW WATCH: <a href="https://www.businessinsider.com/worlds-most-expensive-liquid-thoroughbred-horse-semen-2020-3">Why thoroughbred horse semen is the world's most expensive liquid</a></p>
Click here to read full news..

All Channels Nigerian Dailies: Punch  |  Vanguard   |  The Nation  |  Thisday  |  Daily Sun  |  Guardian  |  Daily Times  |  Daily Trust  |  Daily Independent  |   The Herald  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  New Telegraph  |  Peoples Daily  |  Blueprint  |  Nigerian Pilot  |  Sahara Reporters  |  Premium Times  |  The Cable  |  PM News  |  APO Africa Newsroom

Categories Today: World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Columns  |  All Headlines Today

Entertainment (Local): Linda Ikeji  |  Bella Naija  |  Tori  |  Pulse  |  The NET  |  DailyPost  |  Information Nigeria  |  Gistlover  |  Lailas Blog  |  Miss Petite  |  Olufamous  |  Stella Dimoko Korkus Blog  |  Ynaija  |  All Entertainment News Today

Entertainment (World): TMZ  |  Daily Mail  |  Huffington Post

Sports: Goal  |  African Football  |  Bleacher Report  |  FTBpro  |  Kickoff  |  All Sports Headlines Today

Business & Finance: Nairametrics  |  Nigerian Tenders  |  Business Insider  |  Forbes  |  Entrepreneur  |  The Economist  |  BusinessTech  |  Financial Watch  |  BusinessDay  |  All Business News Headlines Today

Technology (Local): Techpoint  |  TechMoran  |  TechCity  |  Innovation Village  |  IT News Africa  |  Technology Times  |  Technext  |  Techcabal  |  All Technology News Headlines Today

Technology (World): Techcrunch  |  Techmeme  |  Slashdot  |  Wired  |  Hackers News  |  Engadget  |  Pocket Lint  |  The Verge

International Networks:   |  CNN  |  BBC  |  Al Jazeera  |  Yahoo

Forum:   |  Nairaland  |  Naij

Other Links: Home   |  Nigerian Jobs