SOURCE: ShopperTrak

ShopperTrak

December 01, 2015 08:39 ET

In-Store Retail Sales Decline on Black Friday Weekend

Updated Sales Figures Signal the Elongation of Holiday Shopping Season, Movement Away From Blockbuster Days

CHICAGO, IL--(Marketwired - December 01, 2015) - ShopperTrak, the leading global provider of consumer behavior insights and location-based analytics, today released its updated sales estimate for brick-and-mortar retail on Black Friday weekend, including Nov. 26 - Nov. 29. The four dates accumulated a projected $20.43 billion in total sales, which is an estimated 10.4 percent decrease versus 2014.

"It's important to view the decrease in context. There are several contributing factors, including fewer available store hours on Thanksgiving Day and a later Hanukah that is anticipated to push sales into December," said Bill Martin, ShopperTrak founder. "Most importantly, the success of the holiday season doesn't hinge on the performance of a single day."

Thanksgiving Day 2015 grossed an estimated $1.76 billion in sales, which is a 12.5 percent decrease versus 2014; Black Friday 2015 garnered an estimated $10.21 billion in sales, which is an estimated 11.9 percent decrease versus 2014.

"Seven out of the top ten sales days still remain, and December is anticipated to be strong," added Kevin Kearns, ShopperTrak chief revenue officer. "With that in mind, we still maintain our 2.4 percent increase in sales for brick-and-mortar retail this holiday season."

ShopperTrak is the leading global provider of location-based analytics, providing insights into consumer behavior, enabling their clients to better understand their customers and enhance the shopping experience to increase traffic, conversion and transaction size.

With more than 1,200 of the world's leading retailers, malls and entertainment venues, ShopperTrak deploys over 80,000 devices across 97 countries and territories. The Chicago-based company has more than 200 employees, with offices in San Francisco; High Wycombe, England; Dubai, United Arab Emirates; Shenzhen, China; Mexico City, Mexico; and Helsinki, Finland. Find out more at http://www.shoppertrak.com.

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