By Lisa Johnston
New products on display at the American International Toy Fair, held in N
Port Washington, N.Y. – CE sales rose 10 percent during Black Friday week, which represents the first double-digit increase for the category in three years.
According The NPD Group’s Weekly Tracking Service, the tech tally for the Nov. 24-30 period hit nearly $5 billion. Of that, TVs, tablets and notebooks accounted for $3.1 billion.
NPD industry analysis VP Stephen Baker noted that “The most significant sign of positive holiday momentum is that all of the top five categories delivered positive revenue in 2013.”
This TWICE webinar, hosted by senior editor Alan Wolf, will take a look at what may be the hottest CE products at retail that will be sold during the all-important fourth quarter. Top technologies, market strategies and industry trends will be discussed with industry analysts and executives.
Washington – Higher Thanksgiving Day sales failed to lift the entire four-day Black Friday weekend, which saw sales slip 2.9 percent year over year to an estimated $57.4 billion.
According to the National Retail Federation (NRF), which based the estimate on weekend consumer surveys, brick-and-mortar traffic rose 27 percent to nearly 45 million shoppers on Thanksgiving, and more than a quarter of all holiday shoppers had hit the stores by 8 p.m. or shopped online at some point during turkey day.
New York – More than one-third of shoppers purchased CE products over Thanksgiving and Black Friday, a weekend survey shows, and the majority of them bought tablets.
With all the discussion about stores opening on Thanksgiving, this year I decided to visit two of the stores that I’ve gone to on Black Friday for around a decade. Both traditionally have been closed on the holiday, and both were closed again this year: P.C. Richard & Son in Astoria, N.Y., and the Costco in Long Island City, N.Y.
My observations are completely unscientific, but they are a snapshot of that day and how it compared with my visits to those same stores on Black Fridays over the years.
New York — CE retailers and their suppliers are expected to make out well over Black Friday weekend, when some 31 percent of consumers said they plan to buy electronics.
According to a pre-Black Friday survey by the Consumer Electronics Association (CEA), most expect to buy a tablet (30 percent), followed closely by laptop computers (29 percent), video game consoles (29 percent) and TVs (22 percent).
Have an audiophile or a techie on your gift list? Good holiday deals on CE accessories abound in stores and online as part of Black Friday, Cyber Monday and every-other-day-in-between promotions. Here's a roundup:
MuseMini: 20% off all items and free shipping worldwide
Available at: musemini.com
Dates: Nov. 23 – Nov. 26
Coupon Code: BLKFRIDAY2013
Singing Machine: $60 off iSM105BT ($169.99 sale price)
Available at: Costco stores
New York– National chains and global e-tailers aren’t the only merchants participating in the Black Friday promotional fray.
Independent CE dealers including Adorama and Starpower are launching holiday events of their own, including the latter’s annual pre-Black Friday Expo that began here this morning.
Black Friday, as U.S. consumers knew it over the past 30 years or more, is just about over.
No, this is not me ranting again about “Black November” (bargains all month), “Black Thanksgiving” (opening stores that evening or that day) or even “Merry Thansgivoween” (from a Detroit Free Press cartoon from Mike Thomson a few years ago, about the rushing of the seasons in the fall).
Bentonville, Ark. — Walmart has raised the competitive holiday stakes by matching Black Friday prices from Best Buy, Target and Toys“R”Us this week on select CE and toys.
The discounter’s “pre-Black Friday savings event” will be held in stores and online this Friday, Nov. 22, beginning at 8 a.m. and continuing while supplies last.
Targeted items include a 50-inch LG TV that will be available for $448, down from $598, and select PlayStation 4 and Xbox One game titles for $49, down from $59.96.
I am going to be a hypocrite.
Thanksgiving is my favorite holiday of the year, and it deeply bothers me that most of the noise surrounding this day has to do with when stores are opening. Personally, I would rather see every store close and then open at a reasonable hour the next day.
With that said, all the yelling and screaming that takes place whenever a store announces its Black Friday schedule is foolish.