U.s. Shoppers Kick Off Holiday Season With A Muted Black Friday

Brendan Case, Jeannette Neumann and Olivia Rockeman / Bloomberg, Time: Business
Sat, 11/26/2022 - 9:23am

U.S. retailers discounted heavily on Black Friday to clear out bloated inventories but customers responded with only modest traffic, leaving profitability in doubt for many chains. Crowds were thin in the late morning at Connecticut’s Stamford Town Center mall, with few shoppers at Kay Jewelers and just a small line at Forever 21.

Topics: crowds connecticut&rsquo stamford town center kay jewelers walmart inc stonestown san francisco ldquo;it miguel martinez chicago&rsquo north side jaylen netflix amazon echo dot nerf disney encanto u.s modest growth the us melissa minkow ci&t ldquo;profits read e-commerce adobe analytics that&rsquo october salesforce inc rob garf salesforce&rsquo ldquo;people lonely middle at crossgates mall albany new york navy drawing lululemon athletica inc american eagle outfitters gen z gap&rsquo banana republic urban outfitters inc best buy co dallas-fort worth international airport grapevine mills shawanda miller miller no wait stamford connecticut veronica gonzalez carlos garcia texas ldquo;what’s edward yruma piper sandler therese pociask epsom-salt fujifilm instax pociask i&rsquo a black friday stamford walmart dallas ldquo;i target corp chicago the gap inc.&rsquo macy&rsquo ldquo;i ldquo;i’m pociask shoppers spending discounts consumers store crowded isn’t shopping couple line high morning spend discounted presents lines cutting don’t higher stores discount

Place your ad here
Loading...

BING NEWS:

St. Louis shoppers think safety this holiday weekend
Some St. Louis area shoppers were already taking advantage of Black Friday bargains on Wednesday ... said it’s not unusual to see more car break-ins during the holiday season and said victims often ...
05/7/2024 - 1:01 am | View Link
Florida has new state holiday to commemorate Tuskegee Airmen, first Black flying group in U.S.
The commemorative holiday honors the Tuskegee Airmen, the first Black military aviators in what wasn't yet the U.S. Air Force. The move comes the year after Florida rejected the AP African ...
04/15/2024 - 3:43 am | View Link
More

More Movie News

More Business News

K-pop fans’ climate activism is a powerful lobby for the planet, here’s how they do it
Fast Company, Tuesday - 05/14/2024 - 01:36 PM
Kpop4Planet, an environmental group founded by K-pop fans, successfully petitioned Hyundai to scrap a coal-related deal in Indonesia. Fans of Korean pop bands around the world are increasingly channeling their millions-strong online community into climate and environmental activism, protesting business deals linked to coal power, urging K-pop entertainers to cut waste and raising awareness about climate-related issues.
More | Talk | Read It Later | Share
Red Lobster restaurants closing: List of doomed locations for the struggling seafood chain
Fast Company, Tuesday - 05/14/2024 - 01:35 PM
The popular lobster joint is shuttering dozens of locations as it continues to face financial headwinds. Some equipment will be auctioned off. On Monday, Red Lobster abruptly closed dozens of its locations, according to multiple reports. The closures come as the popular seafood chain has struggled in recent years with increasing financial challenges—one of which was the popularity of its Endless Shrimp promotion, which led to an $11 million quarterly loss in late 2023.
More | Talk | Read It Later | Share
Inside the WNBA’s mission to make 2024 its biggest season ever
Fast Company, Tuesday - 05/14/2024 - 01:01 PM
Last year, the league’s revenue rose more than 200% and the 2024 draft was the most-watched in history. Now, as the New York Liberty and the Washington Mystics face off tonight, expectations couldn’t be higher. Tonight the New York Liberty and the Washington Mystics will face off in the season opener of the WNBA, launching what is set to be a high-stakes season for the league.
More | Talk | Read It Later | Share
New iPad Pro and Air review: Hey, we needed a thinner iPad after all
Fast Company, Tuesday - 05/14/2024 - 01:00 PM
The sleek new iPad Pro really is better. The bigger iPad Air should be a crowd-pleaser. Apple, you better be working on software that’s worthy of them. “Nobody: You know what we need?…a thinner iPad”
More | Talk | Read It Later | Share
Alphabet’s Waymo self-driving vehicles are under investigation by the NHTSA for ‘unexpected behavior’
Fast Company, Tuesday - 05/14/2024 - 12:45 PM
The incidents include collisions with stationary objects such as gates and parked vehicles. U. S. auto safety regulators said on Tuesday they have opened an investigation into the performance of Alphabet’s Waymo self-driving vehicles after reports of its robotaxis exhibiting driving behavior that potentially violated traffic safety laws.
More | Talk | Read It Later | Share
Tariffs on Chinese EVs and solar cells will double as Biden shows his might in an election year
Fast Company, Tuesday - 05/14/2024 - 12:19 PM
The tariffs will go into effect over the next three years. The Biden administration announced plans to slap new tariffs on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum and medical equipment — an election-year move that’s likely to increase friction between the world’s two largest economies. The tariffs come in the middle of a heated campaign between President Joe Biden and his Republican predecessor, Donald Trump, in which both candidates are vying to show who’s tougher on China.
More | Talk | Read It Later | Share

U.s. Shoppers Kick Off Holiday Season With A Muted Black Friday

Welcome to Wopular

MoviesWithButter : Our Sister Site

More Business News