shopping

Black Friday 2020: eCommerce Sites Can Expect a 28% Increase in Online Shopping from 2019

As with most events and gatherings in 2020, Black Friday shopping is predicted to look a little different this year. A recent survey was conducted with 2,000 U.S. consumers to compare changes from the 2019 holiday shopping season to 2020.

These findings can help eCommerce and brick and mortar stores understand what to expect for the busiest shopping day of the year.

Key findings from the Black Friday 2020 Survey included:

  • Only 16% of U.S. shoppers plan to shop in-person for Black Friday 2020.
  • There will be a 28% increase in 2020 online Black Friday shopping from 2019.
  • 57% of U.S. shoppers will avoid Black Friday shopping due to health and safety concerns.
  • For those planning to shop in-person, Walmart, Best Buy, and Target are among the top stores.

In 2019, 1:3 Americans Shopped In-Person for Black Friday

Black Friday Shopping 2019

In 2020, 1:6 U.S. Shoppers Plan to Shop

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fashion

These Two Fashion Resale Web Sites Want To Occupy More Space In Your Closet

With more than 14,000 stores expected to close this year, the COVID-19 pandemic has been especially cruel to physical retailers. A spike in coronavirus cases in many states means consumers won’t be rushing to shopping centers just yet. They’re buying more online, and resale sites are partly filling the void.

Luxury resale site The RealReal
REAL
, and ThredUp, which claims to be the largest fashion thrifting platform in the U.S., launched initiatives this week that underscore the sector’s resiliency.

The RealReal is teaming up with Gucci to create a curated shop for the brand, featuring 2,000 items from the label and from consignors. ThredUp is launching a rebranding campaign that reflects a change in the way thrift is perceived. ThredUp

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shopping

Last-minute tips and techniques for e-commerce sites

Holiday shopping SEO: Last-minute tips and techniques for e-commerce sites






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fashion

Fashion Retailer H&M With 22 NoVA, DC Sites To Close 250 Stores

VIRGINIA — H&M, a low-cost fashion retailer based in Sweden with stores in many northern Virginia malls and the District of Columbia, said it plans to close up to 250 stores next year because of decreased foot traffic amid the coronavirus pandemic.

The announcement by parent company H&M Group came in an earnings summary released Thursday.

In September alone, sales decreased by 5 percent. H&M currently has 166 stores, or about 3 percent of its total number of stores, still closed. At the peak of the pandemic, about 80 percent of H&M’s 5,000 stores worldwide were closed.

Many stores that are open still have local restrictions and limited opening hours, officials said. For example, many mall stores in Virginia do not open until 11 a.m. and close an hour or more earlier than they did before the pandemic. More customers are shopping online, the report notes.

Even before boutiques and

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fashion

H&M closing 250 sites in 2021 as virus, online sap sales

Swedish fast-fashion retailer H&M will shed 250 stores worldwide in 2021 on pandemic pressures and a customer base turning increasingly to online shopping.

The store closures are a fraction of the chain’s 5,000 locations as the retailer pivots to digital from brick-and-mortar sites to cater to stay-home shoppers, H&M officials said in a statement Thursday announcing the planned moves.

H&M said customers’ moves to online “have been accelerated by COVID-19,” forcing the chain to speed up its store consolidation plans. Meantime, about 3% of the chain’s stores remain closed while a large number are still under local restrictions on store openings or are on limited opening hours.

“More and more customers started shopping online during the pandemic and they are making it clear that they value a convenient and inspiring experience in which stores and online interact and strengthen each other,” CEO Helena Helmersson said in the statement.

H&M’s Northern

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