![]() At Macy's in Manhattan, gone were the shoes stacked so high shoppers couldn't reach them. "We are deep and we are ready," he said, noting inventory levels are up 20% compared to last year.īut many sales floors looked different than in years past, when tall piles of merchandise used to be on display. Macy's CEO Jeff Gennette said the company is prepared. retailers are rerouting goods to less congested ports, even chartering their own vessels. Supply chain hold-ups are a major concern this year, and both stores and shoppers are trying to find workarounds. Victoria's Secret said recently that 45% of its holiday merchandise is still stuck in transit. ![]() And clothing chains like Victoria's Secret and Gap are having harder time managing supply issues. At the Capital Mall in Olympia, Washington, stores advertised sales of 35% to 50% off.īig box retailers like Walmart, however, aren't blasting "doorbuster" deals in their ads, said analyst Julie Ramhold. That's continuing this year, although there are deals in stores as well.Īt the Fashion Centre mall in the northern Virginia suburbs, window signs advertised 50% off boots at Aldo, 40% off full price items at J.Crew, and 30% off at Forever 21. The pandemic led many retailers to close stores on Thanksgiving Day and push discounts on their websites, starting as early as October. The National Retail Federation predicts a sales increase of 8.5% to 10.5% for all of November and December, after 8% growth in those months in 2020. Overall holiday sales are expected to grow this year. Steve Sadove, senior adviser for Mastercard, says the numbers speak to the "strength of the consumer." That was above its 20% growth forecast for the day. Still, Black Friday retail sales surged 29.8% through mid-afternoon, according to Mastercard SpendingPulse, which tracks all types of payments, including cash and credit cards. The staffing issues that have hit many retailers and restaurants, however, also affected Mall of America. "We had a fantastic start," said Mall of America senior vice president Jill Renslow. The country's largest mall, the Mall of America in Bloomington, Minnesota, said nearly 100,000 people had come as of early afternoon Friday, more than double last year but a bit shy of 2019 numbers. ![]() "So I'm just going to go home, I guess."īusiness Yes, we are shopping way more than ever "I came here because I figured since it was Black Friday, they'd have the new Switch OLED in stock, but they didn't," said MacDonald, who waited an hour and a half to get in for the sought-after Nintendo video game console. Out-of-stock items due to supply crunches, higher prices for gas and food, and labor shortages that make it more difficult to respond to customers are also causing frustrations for shoppers.Ĭhristian MacDonald, the first person in a line of about 75 people waiting for a Costa Mesa, California Target store to open, came away empty-handed. Malls and stores report decent-sized crowds, if not the floods of people that used to fight over the latest toys and electronics - online shopping is much too common for that now, and discounts are both more subdued and spread out over the weeks leading up to Christmas, on both websites and in stores. On this year's Black Friday, things almost seem normal. This year is the first time the pair has arrived before dawn to shop. ![]() Jennifer Beecher, left, and her sister-in-law Ashley Beecher, right, enjoy going shopping on Black Friday at Best Buy, Friday, Nov.
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