As for Black Friday, retailers still have about 15 hours to go, but the early read is that it seems as if people are shopping either online or not at all.
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The firm said it was surprised by the decision of numerous retailers to not open at all on Thanksgiving and that some shoppers were buying outerwear, an item most observers think consumers would have already purchased. “Overall, the response from our guests has been very positive, with some of the best days we’ve seen on Target.com”, said Brian Cornell, Chairman of the Board and CEO Target, who greeted holiday shoppers at the Jersey City Target Store in New Jersey on Thanksgiving. One was sold every second on Thanksgiving, according to a Forbes report.
NEW YORK-Retailers’ deals on iPads, Watches and other Apple products indicate this could be a strong holiday start for Apple – even though Apple refrained from offering any of its own discounts.
Apple iPads were top sellers in stores and online.
Old Navy will open its doors to the public at 4 P.M. on Thanksgiving Thursday and will remain open throughout the following day on Black Friday, November 27th.
The record-breaking sales online were driven by three items: the Apple iPad, the Apple Watch, and the Wii U gaming console, the company said.
However, retail giant Target’s best Black Friday shopping was done online.
Ken Perkins, president of Retail Metrics says 50-inch TVs going for bargain prices seemed like the biggest draw and traffic driver at stores such as Target, Wal-Mart Stores (NYSE:WMT) andBest Buy (NYSE:BBY) on Thanksgiving and Friday morning.
Three-foot teddy bear priced at $10.
Top toys included LEGO, Barbie, Disney Princess and Star Wars. Video games and systems, televisions, movies and toys were some of the top sellers, he said in a statement.
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Target’s Thanksgiving holiday sales likely reflect the deals that Target is giving to iPad buyers, rather than a turnaround in sales for the tablet category, which has seen some sharp declines of late. It turns out that Apple products were the hot ticket items. He was there from 6 p.m.to 1 a.m. last night and arrived again at 8 a.m. this morning. That trend is expected to continue through the weekend as all types of retailers gear up for Cyber Monday.
