Reuters - Video

Edition: US | UK | IN | CN | JP

video Finance Videos

Wall Street gets Fed reality check
Wall Street gets Fed reality check - 01:51
Reuters Today: Spanish yields seen rising at auction
Reuters Today: Spanish yields seen rising at auction - 06:21
Surprise services boost points to UK recovery
Surprise services boost points to UK recovery - 02:54
Breakingviews: Do as I say, not as I do – German wages
Breakingviews: Do as I say, not as I do – German wages - 05:04
Market Pulse: Spain under fire as investors shun bond sale
Market Pulse: Spain under fire as investors shun bond sale - 03:28
Myanmar's Kyat begins managed float
Myanmar's Kyat begins managed float - 01:59
ASEAN: territorial code of conduct draft by year-end
ASEAN: territorial code of conduct draft by year-end - 01:48
U.S. Morning Call: Stock futures down, JPMorgan to be fined
U.S. Morning Call: Stock futures down, JPMorgan to be fined - 02:08
EMEA Day Ahead:: Thursday
EMEA Day Ahead:: Thursday - 03:13
3XSQ: Customer funds in question; royal return
3XSQ: Customer funds in question; royal return - 05:44
Still cashing in? Hirst retrospective
Still cashing in? Hirst retrospective - 02:32
World's biggest car delivery center
World's biggest car delivery center - 02:41
FACTBOX: Titanic the movie sails again
FACTBOX: Titanic the movie sails again - 02:20
Trading at Noon: Wall St. down on lost hope for stimulus
Trading at Noon: Wall St. down on lost hope for stimulus - 02:48
Draghi holds rates, offers caution
Draghi holds rates, offers caution - 01:50
Breakingviews: Gun bubble redux
Breakingviews: Gun bubble redux - 02:51
Yahoo cuts 2,000 jobs
Yahoo cuts 2,000 jobs - 01:15
Easter egg panic in eastern Europe
Easter egg panic in eastern Europe - 01:28
Wealth Strategies: Equity rally has 3 years left in cycle
Wealth Strategies: Equity rally has 3 years left in cycle - 06:05
Congressional insider trading ban
Congressional insider trading ban - 01:17
Gas prices no detour for car buyers
Gas prices no detour for car buyers - 02:13
Demand for fuel-efficient cars will outlast spike in gas prices
Demand for fuel-efficient cars will outlast spike in gas prices - 02:36
Most engines of growth are in emerging markets : Nissan CEO
Most engines of growth are in emerging markets : Nissan CEO - 05:39
U.S. Day Ahead: GAP set to shine with same store sales
U.S. Day Ahead: GAP set to shine with same store sales - 01:59

Online Black Friday sales top $1.52 billion, less in-store frenzy

Friday, November 24, 2017 - 01:17

Black Friday deals lure few early-morning U.S. shoppers, as consumers spent more than $1.5 billion online by Thanksgiving evening. Jillian Kitchener reports.

▲ Hide Transcript

▶ View Transcript

It was not even Black Friday yet and already Americans had spent over 1.5 billion dollars online by Thanksgiving evening-- a 16.8 percent jump over the same period last year. After two weak holiday seasons many retailers opened their doors early on the eve of the shopping holiday, like Macy's flagship store in New York City. But on Friday, the crowds were tame at stores across the U.S. Still, plenty of bargain hunters lined up - swarming into Best Buy stores like this one in Iowa. Others found deals on toys for their kids. SOUNDBITE: "I did good. It would normally be $700 but it was only four so I saved $300." Good deals were also found at home. Surging online sales have thinned crowds typically seen at stores on Thanksgiving evening and Black Friday, although analysts say this year a strong labor market, rising home prices and stock markets at record highs have improved shopper appetite. The National Retail Federation projects sales for November and December will rise 3.6 percent to 4 percent this year, versus a 4 percent increase last year. …a crucial time for retailers, as holiday spending can account for as much as 40 percent of annual sales.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Close

Online Black Friday sales top $1.52 billion, less in-store frenzy

Friday, November 24, 2017 - 01:17