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tenderfoot

(8,438 posts)
Sat Nov 27, 2021, 12:58 PM Nov 2021

Black Friday sales on track for record high

I'm not buying anything myself - I usually give $$$ because I'm not sure what my family members like but apparently many others are.

Americans eager to nab holiday discounts lined up at stores on Black Friday, putting what in recent years has been the busiest shopping day of the year on track for record sales.

Black Friday sales in stores and online were up 12% by mid-morning, according to Mastercard SpendingPulse, which tracks spending broadly across cards and cash. By noon Eastern time, shoppers had spent a total of $5.8 billion — up 7% compared to the same period last year, data from the software company Salesforce shows.

"Retail spending has been on the rise throughout the day," Steve Sadove, senior advisor for Mastercard and former CEO or department store chain Saks, said in a report. "As of 3 p.m. today, Mastercard SpendingPulse reports that total retail sales are up nearly 30% compared to last year, with apparel and department store sales leading the way."

Consumers, who spent $5.1 billion on Thanksgiving Day, are expected to shell out between $8.8 billion and $9.6 billion on Friday, according to Adobe Digital Insights. The market research firm forecasts that online sales in November and December will hit a record $207 billion, which would mark a 10% increase over last year.


https://www.cbsnews.com/news/black-friday-sales-record-high/?ftag=CNM-00-10aab7e&linkId=141852595

This could spell trouble for the Dems in 2022
6 replies = new reply since forum marked as read
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Black Friday sales on track for record high (Original Post) tenderfoot Nov 2021 OP
Post removed Post removed Nov 2021 #1
I didn't participate in Black Friday... MontanaMama Nov 2021 #2
Humble Christians shop till they drop bucolic_frolic Nov 2021 #3
Hoarding and binging before the next shutdown. Throck Nov 2021 #4
There will not be another shut down. beaglelover Nov 2021 #6
I needed a new pair of Sketchers so I bought them beaglelover Nov 2021 #5

Response to tenderfoot (Original post)

MontanaMama

(23,337 posts)
2. I didn't participate in Black Friday...
Sat Nov 27, 2021, 01:01 PM
Nov 2021

Except, my teenage son works at Ace Hardware and he called me and said if you can get here in the next 20 minutes you can buy a $50 gift card and get a second $50 gift card for free. I hustled down to the store and took advantage of that deal for sure…I bought a bunch of bird seed while I was there and that was in my list to do anyway.

Throck

(2,520 posts)
4. Hoarding and binging before the next shutdown.
Sat Nov 27, 2021, 01:29 PM
Nov 2021

Helping spread Delta and Omicron variants as best as they can.

beaglelover

(3,489 posts)
5. I needed a new pair of Sketchers so I bought them
Sat Nov 27, 2021, 01:32 PM
Nov 2021

Yesterday but they weren’t on sale. On last nights local news the people who went to the stores said there was not much on sale like in past years which makes sense given the supply chain issues.

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