2. Thanksgiving Day Cannibalized Black Friday Sales
ShopperTrak estimates that, when compared to Thanksgiving and Black Friday last year, brick-and-mortar shopper traffic increased 2.8%, to more than 1.07 billion store visits. Retail sales also increased by 2.3%, as shoppers spent an estimated total of $12.3 billion across the two days. The numbers tell a very different story when viewing only data for Black Friday. When compared to Black Friday last year, brick-and-mortar shopper traffic fell 11.4% and retail sales also decreased by 13.2%.
[CLICK HERE for Multichannel Merchant’s Cyber Weekend 2013 coverage]
