Thanksgiving Shopping Weekend Shows Record Sales
(NEW YORK) — This year’s Thanksgiving shopping weekend is reporting record sales, both in stores and online.
Walmart celebrated its most successful Black Friday in its history this year. The chain reportedly processed more than 10 million transactions at its registers between 6 and 10 p.m. on Thanksgiving Day.
Walmart says its hottest sellers were big-screen televisions and tablets. The store reports selling two million HD TVs and 1.4 million tablets on the first night.
Online also showed record sales. In the morning hours of Thanksgiving Day, traffic and sales on target.com was among the highest the company has ever seen in a single day, and more than double last year’s online sales.
Overall, online sales were up nearly 20% on Thanksgiving Day versus last year, with more than $1 billion spent.
Black Friday may be over, but what about the rest of the shopping weekend? A lot of retailers are still going strong and looking ahead to Cyber Monday.
According to ABC’s Linzie Janis, Walmart’s Cyber Monday began Saturday morning, while Target will begin Sunday. Best Buy will start on the official Cyber Monday, beginning at 12:01 a.m. Monday morning.
But besides these big companies, consumers can also celebrate small businesses this weekend. Saturday marks “Small Business Saturday,” a shopping day created by American Express three years ago, for consumers to show support for local “mom and pop” shops.
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