Broader bargain hunting driven by budgetary fears may depress overall holiday spending, mitigating any hefty gains retailers reaped from long lines of shoppers snaked around malls across the U.S.
While Black Friday has been the busiest day for years in terms of traffic at stores, it does not always mean that sales will soar for the season. Despite brisk sales right after Thanksgiving, total holiday season sales fell in both 2008 and 2009 when the recession took its hold on America’s wallets.
Shopper-related injuries were popular topics on social networks such as Twitter. A shopper at a Los Angeles-area Walmart used pepper spray on a throng of shoppers and there was a shooting in a Walmart parking lot in the Oakland area.
Apple is well ahead of rivals in building brand loyalty among its users in a mobile market where the key brands are rushing to build as large a foothold as possible, a study by research firm GfK showed. Some 84 percent of iPhone users said they would pick iPhone also when they replace their cellphone, while 60 percent of consumers who use smartphones running Google’s Android said they would stick with phones using the same software.
The Department of Justice and Immigration and Customs Enforcement resumed “Operation In Our Sites”, seizing over 100 domain names in a bid to crack down on online piracy and counterfeiting, BitTorrent blog TorrentFreak writes.