Malls see healthy traffic on Thanksgiving, Black FridayBy Gladys Abbott Nov 27, 2016
Retailer groups and mall officials are optimistic about sales this year.
PwC, the accounting and consultancy firm, is forecasting revenue from Black Friday promotions to grow by 38 percent to 2.9 billion pounds.
Cyber Monday on the other hand is larger for fashion retail as the past two Cyber Mondays showed an average of 45% more clothing deals than on Black Friday.
Sari, 43, a neuropsychologist who lives in Norfolk, says it's not so much about the consumerism as it is the quality time with her mother during the holiday season. EBay Inc.is trying to push the selling even earlier: It rebranded the day before Thanksgiving as Mobile Wednesday, using discounts to target traveling Americans.
"I'm just looking for the best bargains this time of year", said David Williams.
Of course, that experience requires a little patience. "Really calm", said shopper Lauren Green, who was in line outside a Zara clothing store in the Roosevelt Field Mall on Long Island east of NY at 5:20 AM.
"Target was busy, but really organized". "I'm not gonna wait in line for it".
"We're hoping there's a deal", said Mason, who was there to purchase a Christmas gift for her mother.
Barbara Aucker, of Mount Pleasant Mills, left Toys R Us with a whole load of packages Friday morning. Denny Pulido, assistant store manager for Journeys at Arden, said the confusion in hours might have put off shoppers.
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Heading into the start of the holiday shopping season this month, there had been a lot of talk about the hype of Black Friday - and whether it's fading.
Of course, the figures account for shoppers who hit the stores each day. The start used to be the day after Thanksgiving, but many mall operators and major stores are going earlier.
They arrived at the relatively quiet MacArthur Center mall in downtown Norfolk, Virginia, shortly after 8 a.m. where each bought a coffee and sat near a Nordstrom. The National Retail Federation has said it expects sales this holiday season to increase by 3.6 percent, mainly due to the rise in online shopping. It continued through Friday morning, though the traffic started to slow a bit by midmorning.
Wal-Mart's bet on mobile in the lead-up to Black Friday ensured it a spot as one of the beneficiaries of the mobile shopping explosion.
Added friend Kaitlyn Lane, 17: "It gets us into the holiday spirit". But that's OK. It's our tradition.
"We're not going to be spending as much money as previous year", said Mohammed El Hazzouri, Assistant professor of Marketing at Mount Royal University.
Some made a similar observation at Sawgrass Mills mall. That created a bit of an ebb and flow for retailers.
The Best Buy store in Minot was one that opened its doors Thursday night. "I think that people just come in to look, but once they find something the like. they're sure and they buy it".
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