Jamie Lawrence的动态

I was out shopping at the outlets on Black Friday and I've never seen such crazy lines of people waiting just to get into the stores!?Consumer optimism certainly has to be high right now!?? The 2024 holiday shopping season is set to break records, with the National Retail Federation (NRF) forecasting 183.4 million shoppers from Thanksgiving to Cyber Monday. Consumers are expected to spend an average of $902 each, driving total holiday sales to nearly $990 billion—an increase over last year’s $955.6 billion. According to NRF President Matthew Shay, the robust job market and wage growth are key drivers of consumer confidence. Online sales are expected to lead the charge, with an anticipated 8% to 9% growth, reflecting the ongoing shift in shopping preferences. However, a shorter holiday season and potential economic challenges, including the impact of recent hurricanes, could test retailers’ logistics and shoppers’ plans. As holiday traditions and spending collide with evolving economic factors, I’m curious:?How will your shopping habits change this season—will you start earlier, focus more online, or adjust your budget for the holidays? https://lnkd.in/g6gDZHKB #RealEstateNews?#CommercialRealEstate?#svndca?#Marketupdate?#PhoenixArizona?#Multifamily #Phoenix #CRE

Holiday shoppers in 2024 are prioritizing value, with 37% planning to buy more items on sale or promotion. Early shopping during summer events surged, and fall promotions are expected to follow suit, with 19% predicting fall deals will be the best. Black Friday is making a comeback, with 24% of shoppers saying it will offer the top savings. Despite rising costs, only 13% plan to change stores to cut spending. Manufacturers and retailers need to inspire demand with great deals. #HolidayShoppingTrends #BlackFriday2024 #ConsumerSpending https://lnkd.in/eqYj7ZsB

Strong Holiday Shopping Could Bode Well for Stocks ·????????Black Friday and Cyber Monday spending data indicate a strong start to the holiday shopping season. Despite slightly fewer shoppers compared to last Thanksgiving weekend, consumer spending increased, with Black Friday spending up 10.2% and Cyber Monday spending up 7.3% from 2023, according to data from Adobe data analytics. ·????????Resilient U.S. consumers enjoyed the benefits of robust purchasing power, reduced inflation, and lower gas prices, which is likely to power the shopping season. ·????????The market impacts of strong holiday shopping are not limited to a few individual names. Total spending leading up to Thanksgiving has risen compared to recent years, and if last weekend’s spending data is reflected in the upcoming retail sales print (as expected), the broader market may get a boost. ·????????Spending growth positions multiple sectors well in meeting fourth quarter same-store-sales and revenue estimates, including consumer discretionary (e-commerce, retail, goods producers), and technology (electronics companies), for example. Plus, “buy now, pay later” providers could also receive a lift from this year’s slight increase in consumer adoption. ·????????Fourth quarter margins will likely be supported by similar discounts to 2023, however, retailers with a large online presence may face headwinds from elevated shipping costs. Strong holiday shopping could help lift the sector’s fundamental landscape, and when paired with an improving technical picture, the sector is a potential candidate for an upgrade in the coming quarters. Feel free to message me for additional thoughts and details.

The 2024 holiday season is shorter, with five fewer days between Black?Friday?and Christmas compared to?2023, but strong sales growth is still expected. Retailers, including Amazon, Target, and Walmart, launched promotions earlier than ever to adapt to the compressed timeline. Analysts predict retail sales in November and December will increase by 2.5%-3.7%, reaching nearly $989 billion. Key Takeaways: Early Deals:?Major retailers kicked off holiday sales as early as October to capture shoppers’ attention ahead of the limited days between Black?Friday?and Christmas. Black?Friday’s Changing Role:?Although Black Friday remains a key shopping day for specific deals, its significance has diminished as discounts are spread across the entire season. Shopping Channels:?Most consumers are shopping online, but physical stores still play an important role, especially for those looking for hands-on experiences or making last-minute purchases. Retailer Strategies:?To navigate the shorter season, retailers are focusing on seamless omnichannel experiences, improved inventory management, and ensuring timely delivery. Economic and Cultural Impacts:?While inflation and interest rates are likely to influence consumer behavior, shoppers remain focused on celebrating with family and traditions. Despite the logistical challenges of a shorter holiday window, experts still expect a strong finish to the season. Retailers are adjusting by improving fulfillment systems and rolling out personalized marketing campaigns to capture spending as shoppers continue to look for value and festive experiences. These and many other strategies have enabled retailers to capitalize on the shorter days available to make up and surpass last year’s performance results. The race is well on. #holidayseason #2024holidayseason #blackfriday #christmas #retail #retailnews #amsterdamassociates

Holiday shoppers are gearing up to spend 2% more than last year, and Black Friday excitement is hitting a 4-year high! ?????With financial worries easing and shoppers hunting for value, Marshal Cohen says, “It is up to manufacturers and retailers to keep holiday spirits...and inspire demand in the absence of new and innovative products.” ? Check out the first look at insights from Circana's annual holiday purchase intentions study - and stay tuned for more to come! https://lnkd.in/eJVkpYBK ? #HolidayShopping #BlackFriday #ConsumerTrends?

As holiday shopping ramps up earlier than ever this year, retailers are adapting to the challenges of a shortened season and inflation-driven consumer behavior. With Thanksgiving on the late side, major players like Amazon, Target, and Walmart are rolling out sales as early as October, effectively creating a “mini-Black Friday” ahead of the holiday rush. This shift is not just a strategic move; it's a response to changing shopper habits. Consumers are eager to budget wisely, and retailers are keen to capture this early spending. With personalized promotions and a race for market share, we could be witnessing a new era in retail where holiday sales extend beyond traditional timelines. The question is: Will this trend of earlier sales redefine the holiday shopping landscape for years to come? As we navigate these changes, it's essential for businesses to stay agile and responsive to evolving consumer needs.

???????? ?????? ???????? ?????? ?????????????? ?????? ?????????? ???????????? ????????: Online sales:?Shoppers spent a record $10.8 billion online on Black Friday 2024. Store traffic:?Store traffic was down 3.2% overall, with footfall down 7% in the Midwest, 2.1% in the Northeast, 3.5% in the South, and 3.2% in the West. Top-selling products:?The top-selling products on Black Friday were: Electronics: $17.7 billion Apparel: $14.5 billion Grocery: $7.5 billion Furniture/bedding: $9.5 billion Cosmetics: $3.2 billion Discounts:?Discounts were predicted to peak at 30% off listed prices during the 2024 Holiday Season. Average holiday spend:?The average expected holiday spend in 2024 was predicted to reach $1,778. Holiday budgets:?Holiday budgets were 32% higher in 2024 than in 2023. Shopping start date:?32% of shoppers said they'd begin their Holiday Season shopping for 2024 between July and October.

Don't think holiday shopping has started? Consider this, in reference to Prime Big Deal Days: "Interestingly, only one-quarter (26%) of respondents?reported purchasing gifts for the holidays. Of those shoppers, 16%?said they completed more than half (or all) of their holiday gift shopping with their purchases while?72%?completed less than half." 25% started holiday shopping in the past few days, and 16% completed AT LEAST half. To me, on October 10, that's a lot. Full article: https://lnkd.in/gR2nzrH2 source: Chain Store Age #Ecommerce #Retail #EmailMarketing #BFCM

It is going to be another record breaking holiday season for US retail as 40% of consumers are going to shop for Black Friday as per NRF. Nearly 40% of Americans intend to shop on Black Friday, marking the start of the holiday shopping season. NRF forecasts holiday spending to reach between $979.5 billion and $989 billion, reflecting a 3% increase from 2023's $955.6 billion. Holiday shopping has consistently grown since 2008, with a notable 12% increase in 2021. NRF President Matthew Shay emphasizes the economy's health, supported by a strong job market and wage growth, which enhances consumer spending capacity. Early holiday shopping has commenced, with many retailers offering deals as early as mid-October due to a shorter shopping season this year. Online shopping is expected to significantly contribute to sales, with an 8.4% growth predicted, reaching $240.8 billion, although in-store shopping remains preferred, especially among older generations. Concerns about the economy persist, with consumers expected to be more budget-conscious due to ongoing inflation. Major retailers like Amazon and Target are preparing for increased demand, with Amazon hiring 250,000 seasonal workers and Target planning to hire 100,000. A growing trend shows that 40% of consumers plan to utilize generative AI for shopping assistance, including finding deals and product recommendations. #usholidayshopping #blackfriday #nrf #usretail #onlineshopping

The 2024 holiday shopping season offers moderate growth potential but is fraught with challenges, including inflation, a shortened Thanksgiving-to-Christmas window, and distractions from the Presidential election. With consumers more budget-conscious and divided in attention, retailers must focus on early engagement and flexible strategies to capture critical early sales and stand out amid heightened competition. Success will rely on delivering compelling, deal-focused content and providing a seamless online and in-store experience that meets shifting consumer priorities, enabling retailers to navigate a fast-paced season and drive sales despite a complex economic backdrop. What are you seeing Retailers and Brands doing to engage audiences in meaningful and impactful ways?