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The weekend also redefined the importance of Black Friday. For the past few years, Black Friday was believed to be waning in importance, but it is now turning into a day when shoppers do not necessarily flock to stores but spend heavily online. Bill Park, a partner at Deloitte & Touche LP, said online sales are starting to complement in-store shopping over the weekend, and for shoppers and retailers the two platforms are starting to converge. This is happening more and more as retailers like Walmart Inc and Amazon.com Inc sell both online and through stores, making winning the transaction more important than where it occurs, retail consultants and analysts said.

Online sales rose more than 23 percent, crossing $6 billion on Black Friday, according to data from Adobe Analytics, which tracks transactions at 80 of the top 100 U.S, retailers, On Thanksgiving, it estimated sales grew 28 percent to $3.7 billion, Preliminary data from analytics firm RetailNext showed net sales at brick-and-mortar stores fell 4 to 7 percent over the two days, while traffic fell 5 to 9 percent, continuing cfl lightbulb cufflinks the trend of recent years, No data was yet available for actual spending in stores..

In 2017, brick-and-mortar sales were down 8.9 percent for the weekend year-over-year, and shopper traffic fell 4.4 percent. In 2016, store sales were down 4.2 percent and traffic was down 4.4 percent, according to RetailNext. The decrease in store foot traffic is a little greater than it has been in years past, though still within expectations, RetailNext spokesperson Ray Hartjen said. Data from retail research firm ShopperTrak also showed that visits to stores fell a combined 1 percent during Thanksgiving and Black Friday compared with the same days in 2017.

Brian Field, senior director of advisory services at ShopperTrak, said online sales have eroded traffic from retailers over the years, “but what we have noticed is that the decline is starting to cfl lightbulb cufflinks flatten out ., Overall its been consistent with where it’s been over the last few years.”, In 2017, visits to physical stores on Thanksgiving Day and Black Friday were down 1.6 percent, according to the firm, “This decline feels pretty good to me, I think retail is in for a good season,” Field said..

NEW YORK (Reuters) - Shoppers across the United States snapped up deep discounts on toys, clothing and electronics both online and at stores on Black Friday, giving retailers a strong start to their make-or-break holiday season. A healthy economy and rising wages gave people the confidence to splash out on retailers’ annual raft of bargains. “The prices today are very good,” said Jose Manuel Cruz Hernandez, 59, who hit the Del Amo Fashion Center in Torrance, California, with his sister Paulina Cruz, 66, who comes every year from Mexico City to shop.

The pair spent $120 on princess dolls and other toys at the Walt Disney Co store, where items were 20 percent off, They cfl lightbulb cufflinks spent a similar amount at Gap Inc, where items were discounted by about 55 percent, Cruz Hernandez, a foreman at an aerospace firm, said he was comfortable with the U.S, economy and his own finances and plans to spend another $1,000 on holiday gifts - about the same as last year, A similar story played out online, where shoppers spent $643 million by 10 a.m, ET, up 28 percent from a year ago, according to Adobe Analytics, which tracks transactions at most of the top U.S, online retailers, Smartphone sales in particular contributed to gains..

Foot traffic looked healthy at stores offering discounts, although detailed numbers on brick-and-mortar holiday sales will not be available for several days. “Overall, Black Friday doesn’t have the sense of urgency as in the past and feels more like a busy regular weekend day in many of the stores,” said Dana Telsey at Telsey Advisory Group. “Many of the promotions were available for the past couple of weeks,” Telsey said. “We haven’t noticed desperation from any retailer.”.

Shares of Macy’s Inc, Kohl’s Corp, and Target Corp all closed down on Friday and weighed on the broader S&P 500 retailing index, which closed down 0.56 percent, Investors are concerned retail sales growth may have peaked in the second quarter and business will slow down as comparisons get tougher, said Brian Yarbrough, retail analyst with Edward Jones, Victoria’s Secret owner L Brands, Walmart Inc and American cfl lightbulb cufflinks Eagle Outfitters rose, J.C, Penney Co Inc ended flat and Amazon.com Inc closed slightly lower..

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