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Tag: Monday

No Black (Eye) Friday (or Monday) for retailers

Black Friday and Cyber Monday play critical roles in the sales and viability of both online and brick-and-mortar retailers.  According to Adobe Analytics, in 2018, Black Friday recorded over $6 billion in online sales, and Cyber Monday nearly $8 billion. The National Retail Federation (NRF) estimates that 30% of annual retail sales occur between Black …

No Black (Eye) Friday (or Monday) for retailersRead More

Black Friday and Cyber Monday – Is your Wholesale or Retail business ready?

Black Friday and Cyber Monday is infamous for its frenzied scenes, of smash and grab deals, where in the past you would have witnessed customers scrambling to grab the last plasma flat screen at its rock bottom price! Traditionally, Black Friday derived from America in the 50’s as the sale directly after Thanksgiving, an antidote …

Black Friday and Cyber Monday – Is your Wholesale or Retail business ready?Read More

Alibaba eyes bigger Singles’ Day sales with online-offline integration, Retail News, ET Retail

HANGZHOU: Chinese e-commerce giant Alibaba is back with its shopping extravaganza 11.11 on Monday that sets the ball rolling for transactions across the globe. Initial sale numbers reflected the heartening sentiments. Total GMV surpassed $10 billion in less than 30 minutes on 11.11! The retail e-commerce giant with a networth amounting to $486 billion is …

Alibaba eyes bigger Singles’ Day sales with online-offline integration, Retail News, ET RetailRead More

Cyber Monday to excite holiday shoppers more than Black Friday

Shoppers cram into a Macy’s store ahead of the holidays. Charles Sykes | AP With online shopping gaining ground year after year, Cyber Monday now surpasses Black Friday as the preferred day for deals around the holiday season, for all age groups from Gen Z to seniors, according to a new study. Deloitte said overall …

Cyber Monday to excite holiday shoppers more than Black FridayRead More

RetailMeNot: Short season may impact Black Friday/Cyber Monday

This year’s shortened holiday shopping season is causing shifts in spending behavior. According to predictions from online discount platform RetailMeNot, shoppers plan to spend $738 during Black Friday/Cyber Monday weekend this year, compared to $803 in 2018. Generationally, GenX consumers will spend the most ($849), followed by baby boomers ($701), millennials ($696), and GenZ ($537). …

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