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San Antonio — The Progressive Retailers Organization was at the Westin La Cantera Hill Coun
Port Washington, N.Y. – Strong demand for tablet computers was not enough to offset a 5.6 percent drop in CE sales the week of Thanksgiving, The NPD Group reported.
The period spans the Saturdays before and after Thanksgiving Day and includes Black Friday.
The downturn follows a nearly 4 percent decrease in 2011.
Damping down sales were steep declines in mature categories like GPS and camcorders, both down 40 percent in revenue year over year.
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Chicago – Thanksgiving Day openings at brick-and-mortar stores contributed to an 8.2 percent spike in foot traffic over the Thanksgiving weekend, to more than 594 million store visits.
But according market research firm ShopperTrak, retail sales trailed traffic, edging up 2.7 percent year over year to about $22 billion for the four-day selling period.
Sales were slightly down on Black Friday, observed ShopperTrak founder Bill Martin, as shopping was pulled forward by Thanksgiving Day promotions.
Bentonville, Ark. – Organized protests by Walmart workers nationwide on Black Friday did little to dampen Thanksgiving period sales, the discount chain said.
Walmart reported 22 million customer visits on Thursday, more than last year, with many shoppers responding to a 10 p.m. CE sale Thanksgiving night. That promotion guaranteed in-stocks on three doorbusters – an iPad 2, Emerson 32-inch LCD TV and an LG Blu-ray player – and garnered an “amazing” turnout, the retailer said.
New York – By most measurements, the 2012 Black Friday weekend was one for the record books.
A combination of Thanksgiving Day store openings, pre-Cyber Monday sales and a highly motivated consumer led to a gangbuster weekend for merchants.
Irvine, Calif. – Vizio announced a $1,699 limited time special on its 70-inch E-series Razor LED LCD TV starting Thanksgiving Day on Vizio.com.
A $300 savings off the everyday price is being offered on the set, which features Vizio’s Razor LED backlighting technology, a 22mm bezel, FullHD 1080p picture, 120Hz refresh rate, Vizio Internet Apps smart-TV functionality and built-in Wi-Fi.
It ships with a smart remote including a full QWERTY keyboard.
This year’s Black Friday is expected to be the catalyst for tablets to pass notebook shipments for the first time in North America, a trend which we expect to continue for the foreseeable future.
I have been reading the pro and con arguments surrounding the decision by several retailers to open their doors Thanksgiving evening.
Up until today, my opinion has been that the trend is a negative for our country and society. There should be a time, albeit ever so briefly, when everyone gets to go home and enjoy a day with their family or just loafing around.
However, it occurred to me that I and the other detractors have put on blinders regarding this issue.
Bentonville, Ark. – Walmart has revealed its Black Friday plans which, like last year, include a phased rollout of post-Thanksgiving promotions.
CE will be the focus of its own special one-hour sale, which will commence at 10 p.m. on Thanksgiving evening.
But unlike past Black Fridays, which garnered notoriety when customers and staff were injured and even killed by deal-seeking throngs, Walmart is guaranteeing availability of select CE doorbusters to customers who are on in-store queues during the electronics sales event.
Minneapolis — Best Buy has pre-released its Black Friday circular.
Lead doorbuster items include a 40-inch Toshiba LCD (1080p, 60Hz) for $180; an 8GB Samsung Galaxy Tab 2 7.0 plus a $20 gift card, also for $180; and a 15.6-inch Samsung laptop with Intel Core i3 processor, 4GB memory, 500GB hard drive and bundled laptop sleeve, wireless mouse and 8GB flash drive, for $350.
Best Buy will begin handing out tickets for the limited-quantity items at 10 p.m. Thanksgiving evening, and will open its doors at midnight on Friday, Nov. 23.
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