Tag: record

30
September
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Record online deals on toys, electronics and clothes coming this holiday season

By avi maxwel / in , , , , , , , , /

By Matt Egan, CNN Business

NEW YORK – Online shoppers will be offered record-setting discounts this holiday season as retailers attempt to entice inflation-weary consumers to buy, according to projections released Thursday by Adobe Analytics. And the company predicts the strategy will work, with online holiday sales climbing almost 5% above last year.

Retailers are poised to offer up to 35% off listed prices this holiday season, with the deepest discounts applied to toys, electronics and apparel, Adobe said in its annual holiday forecast.

The company expects consumers to seize on these deals, and spend aggressively even as concerns about rising costs and the health of the economy continue to linger.

Consumers will likely spend $221.8 billion via online shopping between November 1 and the end of the year, according to Adobe. That would represent solid growth of 4.8% year-over-year, an acceleration of the 3.5% growth in 2022.

So what will people be buying? Adobe says the hottest sellers this season will include LEGO Minifigures, Kanoodle 3D, Barbie the Movie products, PlayStation 5, Xbox Series X, Madden NFL 24, iPhone 15 models and Birkenstock Bostons.

Where are the deepest discounts

Discounts for toys are seen peaking at 35% off listed

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27
February
0

Black Friday weekend shopping turnout soars to a record

By avi maxwel / in , , , , , , /

Shoppers browse for dresses during the Black Friday sale at the Vivo Activewear women’s clothing store in downtown Nairobi, Kenya November 24, 2023. 

Thomas Mukoya | Reuters

Shoppers kicked off the holiday season with a bang, as a record 200.4 million people hit stores and searched websites for gifts from Thanksgiving Day through Cyber Monday, according to a survey by the National Retail Federation.

The turnout marks an all-time high since the major trade group and Prosper Insights & Analytics began tracking total in-store and online traffic in 2017. It topped last year’s figure of 196.7 million shoppers and the NRF’s forecast for about 182 million people during the five-day weekend.

The number of people shopping online rose to 134.2 million this year, up from 130.2 million a year ago, the NRF survey found. Consumers who shopped at stores fell slightly, from 122.7 million people in 2022 to 121.4 million people this year.

The major trade group did not estimate total spending, but said shoppers shelled out an average of $321.41 on holiday-related purchases over the weekend. That’s roughly in line with the $325.44 average last year. The number is not adjusted for inflation.

On a call with reporters, NRF

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A single Man’s Guinness Globe Record Winning Collection Is A Wonderland Of Women’s Gowns

By Eliza Stuart / in , , , , , , , , /

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