Black Friday and Thanksgiving online sales in the United States surged to record highs as shoppers bagged deep discounts and bought more on their mobile devices, heralding a promising start to the key holiday season.
The UK’s Black Friday weekend got off to a strong start online on November 24, but early evidence suggests that physical store shopping was weaker and London's West End was hit by panic after a terrorist false alarm.
Relatively few early-morning shoppers turned out on Black Friday to mark the start of the U.S. holiday shopping season, as more people shopped online and the traditional rush was split by stores opening the night before.
There may be huge discounts on the UK high street at present but British stores are feeling surprisingly upbeat about the Christmas shopping season overall, a new survey shows, although fashion sales could be weak.
UK households are their least confident since immediately after last year’s Brexit vote, partly because of this month’s interest rate hike and more signs of a slowdown in the housing market, a survey showed on Friday.
Shoppers splurged more than $1.52 billion online by Thanksgiving evening, up 16.8% over last year, and more bargain hunters turned up at stores this year as retailers opened their doors early on the eve of Black Friday.