Early results indicate that retailers have benefited from a strong economy, new convenient methods of spending and the disappearance of past competitors. The stock prices of the five companies rose Monday, reflecting investors' optimism for the holidays.
Although fewer buyers are present in physical stores, they are more likely to buy online and on their smartphones.
Overall, traffic in physical stores fell 1 percent between Thanksgiving and Black Friday compared to 2017, according to ShopperTrak, a retail-based consulting firm that monitors in-store traffic. The digital analytics firm RetailNext said that traffic had decreased 6.6% over the four-day weekend compared to a year ago.
Holiday shopping always reigns
Despite fewer visits to shopping malls and more time than ever before for customers, Black Friday and Cyber Monday are essential for retailers. They realize a disproportionate share of their sales during the last quarter of the year.
Disappointing retailers during this period may face adverse consequences for investors, especially those who sell commodities such as toys, electronics and jewelery.
"A weak performance during the end-of-year shopping season puts a retailer in a fragile position," said Amanda Bourlier, an analyst at Euromonitor International, in a research report released this month.
Several factors have underpinned growth this year, starting with the economy and consumers with more money to spend.
"We continue to benefit from very healthy consumption and a macroeconomic backdrop," said Cornland chief executive Brian Cornell last week.
Efforts to expand online store pickup and delivery options have paid off to buyers. Online order pickups increased 73% on Thanksgiving and Black Friday compared to last year, according to Adobe.
And a drop in the price of gasoline also helps consumers, giving them more to spend more on holiday gifts.
Grasp the opportunity Toys' R & # 39; Us
The collapse of Sears, Toys "R" Us and Bon-Ton energizes the rest of the group.
Walmart and Target ran to fill the vacant Toys & # 39; R & # 39; They stocked stocks, expanded sections in stores, and expanded their online offering. L.O.L. Analysts say Surprise and Fingerlings are among the best-selling toys.
The toy sections were occupied by both companies over the weekend, Morgan Stanley analyst Simeon Gutman said Monday. About half of the annual sales of toys take place during the holidays.