According to new research, Walmart Inc (NYSE: WMT) is at the top of mind for holiday shoppers who hunted for Black Friday deals. The big box retailer dominated online searches for Black Friday discounts as of Friday morning, CNBC reports citing Captify. Searches for Black Friday discounts on Walmart surged 386% year over year, leapfrogging rival retailer Amazon.com Inc (NASDAQ: AMZN), which last year ranked first in Captify's survey of most searched retailers on Black Friday. Also Read: Bummer F Read More...
Reuters
Thin Black Friday crowds mark U.S. holiday shopping kickoff
Many shoppers who opened their wallets said their purchases were strategic, not impulsive or splurges. “We’ve been waiting” for discounts, said Tulio Rose, 28, who picked up a big-screen TV at a Best Buy store in Los Angeles, while shopping with Barnisha Nill, 35. About 166 million people were planning to shop from Thursday’s Thanksgiving holiday through this coming “Cyber Monday,” according to the National Retail Federation, almost 8 million more than last year.
