Become a digitalPLUS subscriber. 99 for 4 weeks.

Topics

Gaming
Online sales, early discounts alter holiday shopping traditions
Online sales, early discounts alter holiday shopping traditions

Early holiday promotions and rising online shopping took a toll on in-store sales during the Thanksgiving weekend as shoppers on average spent 6.4 percent less than they did a year earlier, according to data released Sunday by an industry group. The National Retail Federation estimated shoppers on average spent $380.95 this holiday weekend, which began on Thursday, compared with $407.02 a year ago. The number of individuals who shopped in stores or online from Thanksgiving Day through Sunday fell 5.2 percent, leading to an 11 percent decrease in total spending. NRF President and Chief Executive Matthew Shay said there is an "evolutionary change" in holiday shopping among both...

Loading