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Matt Baldwin Kegan Sims Shane Mcartney. Big Bargains or Big Headaches??

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Presentation on theme: "Matt Baldwin Kegan Sims Shane Mcartney. Big Bargains or Big Headaches??"— Presentation transcript:

1 Matt Baldwin Kegan Sims Shane Mcartney

2 Big Bargains or Big Headaches??

3 Results  Sales change 2006-2007 Internet + 37.4% Specialty retailers +15.2% Discount Stores +11.1% Department Stores -0.3%

4 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)

5 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%

6 Results  Store Traffic 20% of responding companies report light traffic 45% of responding companies report normal traffic 35% of responding companies report heavy traffic

7 Results  Sales Margins Did they maintain them? ○ 60% of responding companies said yes ○ 40% of responding companies said no

8 Very Interesting Fact  Males spent more this year  393.63 to $303.95 Men taking over the mall???

9 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)

10 Top Websites  Bfads.net  Tigerdirect.com (Pink Friday )  Gottadeal.com  Dealtaker.com  Amazon.com  Dealnews.com  Bfgear.com  Walmart.com

11 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

12 Local Results  Lancaster mall area  Stores visited Best Buy Macy’s Old Navy Starbucks Circuit City Target

13 Sources  Main Article  http://www.cepro.com/article/black_friday_traffic _and_margins_up_for_most_htsa_retailers/K33 2 http://www.cepro.com/article/black_friday_traffic _and_margins_up_for_most_htsa_retailers/K33 2  Other Sources http://tech.yahoo.com/blogs/hughes/21221 http://blog.wired.com/gadgets/2007/11/zune- 2-is-secon.html http://blog.wired.com/gadgets/2007/11/zune- 2-is-secon.html


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