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Where to Put 4.5 Million Pounds of Thanksgiving Leftovers

"We sold enough food storage containers to hold 4.5 million pounds of Thanksgiving leftovers and we sold enough towels to line the banks of the Mississippi River.” 

Black Friday Shopping May Show Improving Economy - US News

An improved economy and the financial tail winds from cheaper gas prices could influence many consumers, especially ones with lower incomes and tighter budgets, to boost their spending. That would be a healthy sign for overall growth, since the consumer spending category makes up almost 70 percent of the U.S. economy
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Black Friday shopping crowds thin after Thanksgiving rush
Mall crowds were relatively thin on Black Friday in a sign of what has become the new normal in U.S. holiday shopping: the mad rush is happening the night of Thanksgiving and more consumers are picking up deals online.

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E-Commerce Sales - Black Friday entices online shoppers
Black Friday online sales were up 8% year over year as of 3 p.m. Eastern time, with mobile showing significant gains. Two Top 500 retail chains, however, suffer site problems.

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DJK’s favorite Walmart Black Friday 2014, factoids:

"We sold enough food storage containers to hold 4.5 million pounds of Thanksgiving leftovers and we sold enough towels to line the banks of the Mississippi River.” 



"We welcomed more than 22 million customers to our stores – that’s more than the number of people who visit Disneyland in an entire year"

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NEW YORK (AP) — Black Friday has become part two of the kick-off to the holiday shopping season, with stores opening earlier on Thanksgiving.


Here's a look at what's happening around the country:
http://news.yahoo.com/updates-black-friday-start-finish-100021047--finance.html

--------------------------Macy's, Target CEO's, other executives weigh in on Black Friday so far

http://fortune.com/2014/11/28/walmart-macys-target-ceos-others-weigh-in-on-how-black-friday-went/

Macy’s  CEO Terry Lundgren, on what people are buying, and traffic trends: “So far people, people are gravitating to the ‘doorbusters’ — that has got their attention. There’s so much information online, so they’re doing that research and going right for those doorbusters.”

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http://www.nytimes.com/2014/11/29/business/early-shoppers-line-up-for-black-friday-deals.html?smprod=nytcore-iphone&smid=nytcore-iphone-share

Eager to make up for what has been a year of lackluster sales, retailers are offering eye-popping discounts that could increase traffic but also eat away at thinning profit margins.

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Shoppers Aren’t ‘Showrooming,’ They’re ‘Webrooming’
http://online.wsj.com/articles/best-black-friday-shopping-strategies-research-online-resist-browsing-1416939067

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Black Friday Shopping: No Longer A Sprint
Earlier Openings Have Turned America’s Most-Hyped Retail Day Into A Marathon
http://online.wsj.com/articles/early-openings-turn-black-friday-into-a-marathon-from-a-sprint-1417200230?mod=WSJ_hp_RightTopStories

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Walmart Press Release
BENTONVILLE, Ark., Nov 28, 2014 (BUSINESS WIRE) -- Statement attributable to Laura Phillips, senior vice president of merchandising, Walmart U.S.:

“Last night was awesome! In a few short hours, we flipped from being the largest grocery store in town to the best gift shop on the block. Not only did we have millions of customers shopping our stores, but we’re confident Walmart was the first stop of the night for most of them. We saw lines for tablets and TVs snaking throughout the stores, and with our exclusive 1-Hour Guarantee, customers left happy.

“Our customers came with a plan to win. More than 25 million people downloaded our Black Friday ad, and 20 million customers used their local store maps on Walmart.com. Online shopping started while turkeys were still in the oven and yesterday was our second-highest online sales day ever – topped only by Cyber Monday last year.

“Tablets, TVs, sheets, children’s apparel, and video gaming were the top five categories of the night in our stores. As expected, Disney Frozen Snow Glow Elsa dolls were one of the top toys of the night. We sold enough food storage containers to hold 4.5 million pounds of Thanksgiving leftovers and we sold enough towels to line the banks of the Mississippi River. Video games, wireless pre-paid phones, HDTVs and baby items were popular on Walmart.com on Thanksgiving Day.

“All of this was because of our associates. Throughout the day, we welcomed more than 22 million customers to our stores – that’s more than the number of people who visit Disneyland in an entire year – and our associates served them with pride. During our big  events, our cashiers had nearly every register open. And once again, we delivered safer, exciting events for our customers.

“Our Black Friday weekend continues today at 6 a.m. and all weekend long with TVs, wireless, jewelry, tires, Christmas d├ęcor and thousands of other items at amazing prices in our stores and online – all leading up to our biggest Cyber Monday event ever.”
--------Only 12% of Americans were planning to go shopping on Thursday, according to a new CNN/ORC Poll. Still, that's some 36 million shoppers. A larger number -- about one-in-five -- said they would visit a store on Friday. 
http://money.cnn.com/2014/11/28/news/black-friday/index.html?hpt=hp_c2

Customers are discovering they don't need to leave home -- or even the dinner table -- to get deals. Many retailers launched their first holiday discounts several days ago across their sites and mobile apps. 

The shift to online shopping is showing up in Black Friday sales numbers. Revenue growth is now about half of what it was a decade ago, and foot traffic continues to decline at brick-and-mortar locations. 
Target, for example, said the number of online orders on Thanksgiving were up 40% from last year. And on Wednesday, Target's online sales topped the same day's 2013 sales by 9 a.m. 



Retailers hope that online shopping will help fill the gap. The National Retail Federation projected holiday season spending would grow 4.1% more than last year to $616.9 billion. Online spending is expected to grow even faster, with various estimates projecting a spike between 8% and 15%. 

Stores are competing against each other to grow their slice of that pie, which is why opening times are getting earlier and earlier. But maybe the joke's on them: A CNNMoney analysis found Thanksgiving openings did little to boost sales. 

Still, there is something magnetic about Black Friday. At the Macy's flagship store in Manhattan, Manuel Lizaralda and his sister Stephanie were shopping for shoes, jackets, and sweaters to give their mother as gifts.

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