Brick-and-Mortar Retail Sales Fell 10%+ Over Black Friday Weekend - ShopperTrak
ShopperTrak released its updated sales estimate for brick-and-mortar retail on Black Friday weekend, including Nov. 26 – Nov. 29. The four dates accumulated a projected $20.43 billion in total sales, which is an estimated 10.4 percent decrease versus 2014.
“It’s important to view the decrease in context. There are several contributing factors, including fewer available store hours on Thanksgiving Day and a later Hanukah that is anticipated to push sales into December,” said Bill Martin, ShopperTrak founder. “Most importantly, the success of the holiday season doesn’t hinge on the performance of a single day.”
Thanksgiving Day 2015 grossed an estimated $1.76 billion in sales, which is a 12.5 percent decrease versus 2014; Black Friday 2015 garnered an estimated $10.21 billion in sales, which is an estimated 11.9 percent decrease versus 2014.
“Seven out of the top ten sales days still remain, and December is anticipated to be strong,” added Kevin Kearns, ShopperTrak chief revenue officer. “With that in mind, we still maintain our 2.4 percent increase in sales for brick-and-mortar retail this holiday season.”
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