Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Black Friday Shoppers Spend Record $52 Billion
Nov 30, 2011
 Printable format
 Email this Article
 Search

A record 226 million shoppers visited stores and websites over Black Friday weekend, up from 212 million in 2010, according to a National Retail Federation survey conducted by BIGresearch.

The average holiday shopper spent $398.62 over the weekend in 2011, up from $365.34 last year, and total spending reached an estimated $52.4 billion. Shoppers spent an average of $150.53 on the web – 37.8% of their total weekend spending (up from 33.3% in 2010).

“More consumers than ever turned out for retailers’ Black Friday promotions, a promising sign for the economic recovery,” said NRF President and CEO Matthew Shay. He added, “Retailers know the holiday season is far from over and will continue to look for ways to excite holiday shoppers and build on the momentum we’ve seen thus far.”

The survey reported that 28.7 million people shopped online and at stores on Thanksgiving Day, up from 22.2 million in 2010. A record 86.3 million people shopped online and in stores on Black Friday.

Four in 10 shopper - 39.4% - bought electronics, (36.7% in 2010). Appliance purchases were not surveyed.

“Consumers are clearly demonstrating their desire to spend this holiday season, but… Retailers will have to stick to an aggressive holiday promotion schedule to keep consumers interested," said Phil Rist, EVP, BIGresearch.

NRF reported that:
• 25.7% of Americans with smartphones/tablet devices said they did or will purchase items with their devices
• 37.4% researched products and compared prices with their smartphones/tablets

Back to Daily News

 

Daily News

...........................................................

Apr 16, 2014: Home Builder Confidence Steady in April

Apr 16, 2014: Little Swan Sees China Becoming a Front-Loader Washing Machine Market

Apr 16, 2014: Hisense Poised for Continued Growth in Africa

Apr 10, 2014: AGA Rangemaster Names Kathryn M. Ireland To Be North American Brand Ambassador

Apr 10, 2014: Report: Manufacturers Pay Massive Costs for Energy Inefficiency

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows