Matt Baldwin Kegan Sims Shane Mcartney
Big Bargains or Big Headaches??
Results Sales change Internet % Specialty retailers +15.2% Discount Stores +11.1% Department Stores -0.3%
Results Sales Increase, but shoppers spend less 147 million customers visited stores (up 4.8% from last year) Shoppers spent 3.5% less per person ($347 per person)
Results Overall Business 55% of responding companies report being up 5% 30% of responding companies report being up 10% 15% of responding companies report being up 20%
Results Store Traffic 20% of responding companies report light traffic 45% of responding companies report normal traffic 35% of responding companies report heavy traffic
Results Sales Margins Did they maintain them? ○ 60% of responding companies said yes ○ 40% of responding companies said no
Very Interesting Fact Males spent more this year to $ Men taking over the mall???
Online Shopping Spending on Thanksgiving $272 Million (29% increase) Spending on Black Friday $535 Million (22% increase) Cyber Monday showed an increase in planned traffic 72 million shoppers (up from 60.7 million in 2006)
Top Websites Bfads.net Tigerdirect.com (Pink Friday ) Gottadeal.com Dealtaker.com Amazon.com Dealnews.com Bfgear.com Walmart.com
Black Friday “Hot Items” Wii (second year in a row) Zune Digital Photo frames Kitchen Aid Appliances Guitar Hero 3, Rock Band Office 2004 student and teacher edition Cannon Digital Cameras
Local Results Lancaster mall area Stores visited Best Buy Macy’s Old Navy Starbucks Circuit City Target
Sources Main Article _and_margins_up_for_most_htsa_retailers/K _and_margins_up_for_most_htsa_retailers/K33 2 Other Sources is-secon.html 2-is-secon.html