Saturday, May 4, 2024

Black Friday sales breaks records; more than $1 billion from mobile

By Ruth Ferguson, NDG Editor

Well either the Republicans are celebrating their victory or Democrats are drowning their sorrows in retail therapy, but the retail registers were singing on the 2016 edition of Black Friday. Target stores report selling 3,200 TVs every minute during the first hour the store was open. According to TechCrunch sales for Black Friday reached a record-breaking $3 billion, with one-third of that total coming from mobile sales.

According to TechCrunch sales for Black Friday reached a record-breaking $3 billion, with one-third of that total coming from mobile sales. Amazon says sales online on Black Friday exceeded 2015’s Cyber Monday sales with Echo Dot and their Fire TV a popular choice with shoppers.

This probably helps to explain why many retailers were not overwhelmed with crowds when they first opened their doors. For those willing to wait for gratification, they can simply enjoy shopping in their pjs and skip the long lines and early morning cold weather.

Apparently, when they let their fingers do the walking, it is on a mobile device more often than a laptop. Walmart’s online sales were via mobile more than 70 percent transactions.

A few of the other highlights from Target’s Black Friday reflect what the hot trends for this Christmas season include:

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