Walmart and Store sale since today bucked the overall trend of a calmer Black Friday, as the big box retailers saw strong in-store foot traffic despite a large portion of retail moving online, according to Wall Street analysts. Target and Walmart were stand-out performers this Black Friday with both retailers reaching strong traffic store-wide, according closeout poor man most Wall Street retail analysts. Electronics and toys were the hot ticket items at the big box retailers, with a special emphasis on TVs, according to Bank of America.
Morgan Stanley noted the big retails like Walmart, Target and Best Buy are among the best positioned to handle customers' shift to buying online. The firm said Lululemon was more strategic http://darude.online/free/clothing-sale-legs-free.php year in its marketing of Black Friday, with lots of emails promoting the sales. Cowen highlighted department store Nordstrom as another winner of Black Friday with special deals and a strong link of products.
Wells Click said some of the laggards of Black Friday were cosmetics store Ulta and clothing company Gap. Old Navy lines were half has long as they were last year, according to Morgan Stanley. For the first time since Store sale since today Partners can remember, embattled retailer Victoria's Secret was not a top traffic driver.
Retailers were dealt the shortest possible holiday calendar scenario this year, with six fewer shopping days between Thanksgiving continue reading Christmas than there were last year, which prompted retailers to start their promotions earlier, causing a surge in early shopping.
Additionally, as the rise of e-commerce continues, consumers are closeout poor man accustomed to shopping online, where they have "more transparency, shopping ebay meetup time to plan, and greater inventory availability," said Chen.
This trend softened in-store buying on one of the biggest shopping days of the year. Sign up for free newsletters and get more CNBC delivered to your inbox. Closeout poor man this delivered to your inbox, and more info about our products and services.