IBM Benchmark is reporting Cyber Monday sales are up Monday afternoon by 20 percent compared to a year ago. Department store online sales have gone up 39 percent compared to last Cyber Monday.Andrew Lipsman is the vice president of marketing at the online research firm ComScore."
Chicago's Magnificent Mile shopping strip is teeming with Black Friday shoppers Friday. But if Chicagoans were shopping downtown, they were certainly hard to find.The majority of people polled were from not just out of state, but from overseas - here to take advantage of a recession and good deals.
Shannon Cason is a real live Macy's employee (he sells women's shoes).So the Former Moth GrandSLAM champion is more than equipped to give you his thoughts on Black Friday's move to Thursday, in his Paper Machete Consumer Reports Report.Below, the beginning of his diatribe.
Some economists expect retailers to be pleased with the amount of shoppers out Friday. That's after a few disappointing Black Fridays in recent years.Diane Swonk thinks the term Black Friday is outdated. "I think it should be crowned Red Tag Friday," she said.
This year, some retailers are hoping for a Black Thursday in addition to a Black Friday.The economic slump is pushing some retailers to encroach on a once sacrosanct holiday. For the first time, Sears will open Thanksgiving morning.