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Online sales see 16 percent spike on Black Friday
AP ^

Posted on 11/27/2010 8:05:45 AM PST by ChicagoConservative27

NEW YORK (AP) — Shoppers who skipped the crowds on Black Friday gave online merchants a 16 percent spike in revenue, according to data released Saturday.

That increase came partly from shoppers who spent more per online purchase during the traditional opening day of the holiday shopping season, according to Web research company Coremetrics. The average order rose to $190.80. That's a 12 percent increase over $170.19 on the same day last year.

The solid increase adds to a 33 percent online spending spike on Thanksgiving day, and signs of bigger-than-expected crowds in stores.

(Excerpt) Read more at google.com ...


TOPICS: Culture/Society; Miscellaneous
KEYWORDS: black; friday; online; sales

1 posted on 11/27/2010 8:05:46 AM PST by ChicagoConservative27
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To: ChicagoConservative27

Online is the only way to go!


2 posted on 11/27/2010 8:14:25 AM PST by mylife (Opinions ~ $1 Half Baked ~ 50c)
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To: ChicagoConservative27

“What recession? Shoppers eat up Black Friday deals”

Anne D’Innocenzio, AP Retail Writer, On Friday November 26, 2010, 10:37 pm EST

“For one day at least, you could almost imagine the recession never happened. Millions of the nation’s shoppers braved rain and cold to crowd stores while others grabbed online bargains on what could be the busiest Black Friday ever.”

http://finance.yahoo.com/news/What-recession-Shoppers-eat-apf-3019348230.html?x=0&sec=topStories&pos=3&asset=&ccode=


3 posted on 11/27/2010 8:17:23 AM PST by BenLurkin (This post is not a statement of fact. It is merely a personal opinion -- or humor -- or both)
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To: ChicagoConservative27

Somewhat related to this thread but not exactly is a question that came up as I read the title -— why do they call the day after Thanksgiving BLACK Friday ( and why do the racial hustlers not complain about it )?


4 posted on 11/27/2010 8:19:00 AM PST by SeekAndFind
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To: ChicagoConservative27
The average order rose to $190.80. That's a 12 percent increase over $170.19 on the same day last year.

Could it be that prices are just higher this year compared to the same time last year, or that the retailers online aren't offering discounts as large as they did last year ?

5 posted on 11/27/2010 8:20:47 AM PST by TheCipher
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To: SeekAndFind

Relates to accounting. Imagine an accounting ledger where losses are in red ink and profits are in black. The sales on this day have been said to put the retailers in the black. (Profits)


6 posted on 11/27/2010 8:29:15 AM PST by listenhillary (A very simple fix to our dilemma - We need to reward the makers instead of the takers)
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To: listenhillary
The sales on this day have been said to put the retailers in the black. (Profits)

For the year. It's a pretty sad situation when you only begin to get the reward for a whole year's work only in the last month of it.

7 posted on 11/27/2010 8:54:41 AM PST by thulldud (Is it "alter or abolish" time yet?)
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To: TheCipher

You bet me to it, Was it not inflation over the last year?

Nov 2009 thru Oct 2010:
1.84, 2.74, 2.63, 2.14, 2.31, 2.24, 2.02, 1.05, 1.24, 1.15, 1.14, 1.17 straight total is 21.65%.

Guess we need to sell more stuff to really be ahead!


8 posted on 11/27/2010 8:59:36 AM PST by jafojeffsurf ( Return to the Constitution.)
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To: mylife

Most of my shopping is done online too.


9 posted on 11/27/2010 10:04:13 AM PST by mom4melody
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To: mylife

Most of my shopping is done online too.


10 posted on 11/27/2010 10:04:13 AM PST by mom4melody
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To: mom4melody

Why fool around fighting crows and spending money on gasoline?
The Online places have tax breaks and often have free shipping.
They have better selection too.
Half the shelves have been emptied at the traditional stores to make room for red and green mittens and other crap that NOBODY wants.


11 posted on 11/27/2010 10:11:10 AM PST by mylife (Opinions ~ $1 Half Baked ~ 50c)
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To: mom4melody

Now if it was like in the old days, people singing and being jolly, I would be happy to venture out for Christmas shopping.


12 posted on 11/27/2010 10:12:27 AM PST by mylife (Opinions ~ $1 Half Baked ~ 50c)
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To: mylife
Why fool around fighting crows and spending money on gasoline?


13 posted on 11/27/2010 10:12:55 AM PST by paulycy (Demand Constitutionality. Save America From Bankruptcy.)
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Fighting “crowds” LoL


14 posted on 11/27/2010 10:13:46 AM PST by mylife (Opinions ~ $1 Half Baked ~ 50c)
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To: paulycy

You see?!! You See?!!
Now you see the menace inherent in the Christmas madness!!!


15 posted on 11/27/2010 10:15:32 AM PST by mylife (Opinions ~ $1 Half Baked ~ 50c)
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To: mylife
Now you see the menace inherent in the Christmas madness!!!

I do indeed.

"Christmas is getting too dangerous." - Linus Van Pelt

16 posted on 11/27/2010 10:19:31 AM PST by paulycy (Demand Constitutionality. Save America From Bankruptcy.)
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To: paulycy
"Wisdom from the mouths of babes" LoL


17 posted on 11/27/2010 10:21:44 AM PST by mylife (Opinions ~ $1 Half Baked ~ 50c)
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To: ChicagoConservative27

I remember last year All Propaganda touted wonderful BF numbers, better Christmas spending, yada, yada, yada, but when the final numbers came in, Christmas shopping expenditures were down from the previous year after all.

When it comes to news that supports the interests of their members, namely advertising publishers, remember that All Propaganda is simply the national version of your local paper which is always trumpeting their latest lame “shop local” nonsense because that’s who advertises in their paper.

Not to mention AP’s over-riding interest in spewing propaganda to try and prop up the Obammunist Regime.


18 posted on 11/27/2010 10:23:29 AM PST by catnipman (Cat Nipman: Made from The Right Stuff!)
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