03 Feb 2023
DiamondWorld Directory
Home |
Black Friday weekend sees good sales
Retailers attract buyers with discounts and promotions
By: Diamond World News Service
Nov 26 2012 9:40PM
Reference: 7433  


This year, the days from Thanksgiving leading upto the Black Friday weekend has churned success for the retailers, as consumers outdid the enthusiasm of last year, being lured with retailer discounts and promotions, according a National Retail Federation survey conducted by BIGinsight.

Thanksgivnig saw a rise in the number of visitors, from 29 million last year, which includes visits to stores and websites, to over 35 million this year. According to the survey , consumers have been active in keeping a tap on discounts and prices at various retail outlets.

The survey also pointed out that spending throughout the weekend increased over the past year. Black Friday saw 89 million shoppers as compared to 86 million last year. Also, the figures of the footfalls indicate that consumers still recognize Black Friday as one of the biggest shopping days of the year, as they have for decades. The entire weekend witnessed a record 247 million shoppers up from 226 million last year. The average spending was $423 ($398 last year), while the total spending reached an estimated $59.1 billion, covering all product categories. The weekend shopping bonanza wasn’t limited to stores; consumers also spent more of their holiday budget online. According to the survey, the average person spent $172.42 online over the weekend (around 40.7 of their total weekend spending), up from 37.8 percent last year. According to the survey, amongst the various product categories of clothing and accessories, toyas, greeting cards, 15.2 percent chose jewelry as gifts. The number of shoppers visiting retailer websites increased from 35.2 percent last year to 43.8 percent.

Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet
Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
Sort by: 
Hamper monaco
You are being beckoned with some classic arrangement of celebration with these wonderful hampers as provided to you by HampersNationwide.com specially for the people of Monaco. Choose the hampers specially arranged at the link www.hampersnationwide.com/Monaco/Gift_Hampers_to_Monaco.asp waiting for your selection.
*  Company:
*  Name:
*  Mobile:
*  Email:
Subscribe for DiamondWorld weekly Newsletter
Search News by City
Recent Issue
News in Pictures
Young Diamantaires
Pictures: 16
Stunning Jewellery from Cannes 2019
Pictures: 24
Sparkly Jewels at Oscars 2019
Pictures: 19
Golden Globes 2018
Pictures: 15
Spotted: Who Wore What (December 2018)
Pictures: 4
India Diamond Week
Pictures: 8
Spotted: Who Wore What (October 2018)
Pictures: 7
Spotted: Who Wore What (September 2018)
Pictures: 6
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 32434
Diamond World Expert Hour with Evgeny Agureev, Deputy CEO, ALROSA
Views: 10133
GJEPC Chairman Interview
Views: 28515
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 40021
Promo for IJ Awards 2012 at NDTV Profit
Views: 57657
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 69188
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 22187
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 51372
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 53751
Member of:
Supporter of: