Black Friday Bust: Consumers Spending Less and Staying Home

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SAN FRANCISCO, CA – Nov 30, 2015 – Black Friday has proven to be quite a let down for retailers in 2015. Data by leading consumer insights provider InfoScout revealed that Black Friday sales are down 8.7% vs. 2014 for America’s largest retailers, with Amazon and Best Buy being the two exceptions.

The company also published a survey which provided a closer look at why shoppers opted out of the shopping holiday this year. The top reason was ‘avoiding the crowds and long lines’ while many of the survey participants also pointing out that they were going to do ‘more online shopping’.

Other topics covered by InfoScout for the holiday weekend were:

• Black Friday’s Payment Method Showdown: How Did Mobile Wallets Fare?

• Walmart and Kohl’s Winning Share Among Shoppers on #BlackFriday

• PlayStation wins Black Friday among Millennials; Nintendo slides further among GenXers

• Black Friday’s Top Sellers by Retailer

• Top Selling Products at Walmart

For more insights and updates on how consumers shopped this Black Friday through Cyber Monday, stay tuned to the InfoScout blog at blog.infoscout.co

About InfoScout

InfoScout tracks the shopping trips of more than 300,000 Americans every day. With more than 100,000,000 shopping trips captured, InfoScout’s real-time analytics make brands better marketers by providing the industry’s largest, richest, and most actionable source of consumer behavior throughout the path-to-purchase. Leading consumer goods companies such as Procter & Gamble, PepsiCo, and Unilever leverage InfoScout’s data and analytics to measure and improve market share, brand loyalty, and the success of new product launches through a better understanding of the ‘why behind the buy.’

Full News Story: https://pressreleasejet.com/newsreleases/2015/black-friday-bust-consumers-spending-less-and-staying-home/

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Media Contact
Company Name: InfoScout
Contact Person: C.J. Acosta
Email: cjacosta@infoscoutinc.com
Phone: (787) 226-6843
Country: United States
Website: http://infoscout.co

ReleaseID: 524192

Source: GetNews