News

Black Friday was a sucess for retailers

Number of shoppers increased by 4.8%

diamond world news service

According to a National Retail Federation (NRF) survey, the Black Friday weekend saw over 147 million shoppers making purchases, converting to a 4.8% increase over the Black Friday weekend in 2006.

The average spending however declined by a 3.5% this year to $347.44 each, as compared to last year.
With the intent to capitalise on this weekend, retailers opened their stores earlier than scheduled, some opened at midnight, and this accounted for 14.3% of the shoppers visiting the stores at 4:00 a.m., as compared to 12.4% last year. "While last year showed a greater emphasis on high-definition televisions, this year consumers were focused on lower priced doorbusters like digital photo frames, laptops and cashmere sweaters," mentiond NRF CEO Tracy Mullin.


Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet

US Tariffs Create Uncertainty Over India’s Diamond Duty Exemption

Dior launches Rose des Vents campaign featuring Mia Goth

Forevermark Diamond Jewellery Partners Raw Mango at London Fashion Week

Pharrell Williams Launches Online Auction of Personal High Jewellery Collection

STÉFÈRE Unveils Midnight Garden High Jewellery Collection in Paris