Spending spree on Black Friday

An improvement in South Africa’s consumer spending for November has been attributed to the Black Friday and Cyber Monday sales – but financially this is not much to be optimistic about. According to the BankservAfrica Economic Transaction Index (BETI), its reading for November was 127.8, which was a 0.3% change from October. However, many consumers are still treading with caution as uncertainties in the economy … Continue reading Spending spree on Black Friday

Retail is better off without Black Friday

As a former retail marketer, I’ve been thinking back on all of the strategy and planning that used to lead up to Black Friday and Cyber Monday. The long hours, the crazy promotional changes held tight to the chest like the president’s nuclear football, and the make-or-break flash reports that everything hinged on every morning for an entire week. I’ve reflected on the months of … Continue reading Retail is better off without Black Friday

Black Friday failed to boost November retail sales

Image copyright Getty Images Image caption Black Friday has not had the desired effect on retail figures Black Friday was not enough to boost November’s Scottish retail sales. Last month sales dropped by 1.3% on a like-for-like basis compared with November 2016, with last year’s figures down 0.2% on the previous year. Figures for November said Black Friday’s evolution into a week-long affair had a … Continue reading Black Friday failed to boost November retail sales

Black Friday Online Fraud Down 33%: Study

Some criminals apparently took the weekend off after Thanksgiving this year, according to new data from identity verification company Jumio. The Palo Alto, California-based technology company released data this week showing that the rate of online fraud dropped by 33% between Black Friday and Cyber Monday compared to the same period last year. According to the company’s data, in 2017, the average online fraud rate between … Continue reading Black Friday Online Fraud Down 33%: Study

Black Friday shoplifters crew busted in Grafton after child left behind

Gail McCurry(Photo: Ozaukee County Sheriff’s Office) PORT WASHINGTON – Black Friday deals apparently weren’t quite good enough for some visitors to the Grafton Target store, who police say were just trying to steal the season’s hottest gifts — apparently something of a family holiday tradition. An employee recognized the group because they had hit the Target last year for Black Friday. This year, as Grafton police rolled up … Continue reading Black Friday shoplifters crew busted in Grafton after child left behind