Best Buy a winner in holiday sales weekend
Best Buy sees turnaround from disappointing 2010 Black Friday sales by opening at midnight, focusing on low TV prices. Beyond Best Buy, Macy's and Walmart also score well in holiday sales weekend.
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He said online shopping is usually a better idea, but he needed the computer for an employee who is starting tomorrow.
"I just didn't have time."
Fifty million Americans visited online retail sites on Black Friday, representing an increase of 35 percent from a year ago, and online retail sales in the United States on Black Friday jumped 26 percent this year, comScore data showed.
"Amazon.com once again led the pack, with 50 percent more visitors than any other retailer, while also showing the highest growth rate versus last year," comScore Chairman Gian Fulgoni said.
Amazon has used "every method at hand, old and new to promote their business this holiday season so far," WSL Strategic Retail CEO Wendy Liebmann said, referring to the online chain's promotions in print, online and circulars.
About 122.9 million Americans plan to shop on Cyber Monday this year, up from the 106.9 million who shopped on Cyber Monday in 2010, NRF Vice President Ellen Davis said on Sunday, citing a survey conducted by BIGresearch.
Retailers that opened late or held the line on promotions failed to impress.
"Office supply seemed among the least busy as they opened later and had fewer high-profile deals than in years past," Balter said.
"We would be most cautious on Sears due to their cash flow and serious appliance competition," Balter said.