Holiday shopping off to record start with $59 billion weekend

NEW YORK (AP) - If you make holiday shopping convenient, Americans will come in droves.
It's estimated that U.S. shoppers hit stores and websites at record numbers over the Thanksgiving weekend, according to a survey released by the National Retail Federation on Sunday. They were attracted by retailers' efforts to make shopping easier, including opening stores on Thanksgiving evening, updating mobile shopping applications for smartphones and tablets, and expanding shipping and layaway options.
All told, a record 247 million shoppers visited stores and websites over the four-day weekend starting on Thanksgiving, up 9.2 percent of last year, according to a survey of 4,000 shoppers that was conducted by research firm BIGinsight for the trade group. Americans spent more too: The average holiday shopper spent $423 over the entire weekend, up from $398. Total spending over the four-day weekend totaled $59.1 billion, up 12.8 percent from 2011.
Caitlyn Maguire, 21, was one of the shoppers that took advantage of all the new conveniences of shopping this year. Maguire, who lives in New York, began buying on Thanksgiving night at Target's East Harlem store. During the two-hour wait in line, she also bought items on her iPhone on Amazon.com. On Friday, she picked up a few toys at Toys R Us. And on Saturday she was out at the stores again.
"I'm basically done," said Maguire, who spent about $400 over the weekend.
The results for the weekend appear to show that retailers' efforts to make shopping effortless for U.S. consumers during the holiday shopping season worked. Retailers upped the ante in order to give Americans more reasons to shop. Stores feared that consumers might not spend because of the weak job market and worries that tax increases and budget cuts will take effect if Congress fails to reach a budget deal by January.
Retailers, which can make up to 40 percent of their annual revenue in November and December, were hoping Thanksgiving openings and other incentives would help boost what's expected to be a difficult holiday shopping season. The National Retail Federation estimates that overall sales in November and December will rise 4.1 percent this year to $586.1 billion. That's more than a percentage point lower than the growth in each of the past two years, and the smallest increase since 2009, when sales were nearly flat.
Matthew Shay, president and CEO of the National Retail Federation, said retailers can be encouraged by the first weekend of the holiday shopping season.
"Retailers and consumers both won this weekend, especially on Thanksgiving," he said.
Here were the trends that emerged over the weekend:
- Online wave: According to comScore, which tracks online spending, online sales rose 26 percent to $1.04 billion on Black Friday compared with a year ago. On Thanksgiving, online sales rose 32 percent from last year to $633 million. And online sales on Black Friday were up 26 percent from the same day last year to $1.042 billion. It was the first time online sales on Black Friday surpassed $1 billion.
- Thanksgiving shopping: Many stores, including Toys R Us and Target, opened on Thanksgiving evening this year. No data is out yet about how much shoppers spent on that day, but it appears that consumers took advantage of the earlier start: According to the National Retail Federation's survey, the number of people who shopped on Thanksgiving rose 23.1 percent. That compares with a 3.1 percent increase for Black Friday.
Linda and James Michaels of Portland, Ore., were among those shopping on Thanksgiving. They hit up the big sales on the day and got everything they were hoping for that night.
They picked up remote control cars and some Mickey Mouse items on sale at Toys R Us. Then they went a few doors down to Target and scored the last Operation game on sale for $7. They were even able to pick up some pajamas and shoes along the way for the kids. In total they spent about $300.
"I felt lucky that I caught the deals and there was no craziness, no fighting," said Linda Michaels. "I was nervous."
ShopperTrak, which analyzes customer traffic at 40,000 U.S. stores, plans to release sales data for Thanksgiving later this week, but the firm is estimating that retailers generated $700 million in sales on the holiday.
- Black Friday flop: It appears that the Thanksgiving openings may have hurt sales on the day after.
Black Friday is still expected to be the biggest shopping day of the year, but sales on that day slipped to $11.2 billion, down 1.8 percent from last year, according to ShopperTrak. That's below ShopperTrak's estimate that Black Friday sales would rise 3.8 percent to $11.4 billion.
Karen MacDonald, a spokeswoman at Taubman Centers, which operates 28 malls across the country, said that Thanksgiving openings hurt business. Based on a sampling of 10 malls, sales growth was unchanged up to mid-single digits on Friday, and unchanged up to low single digit on Saturday.
"It was a different feeling," she said. "It was a good Black Friday, but I don't think it was great."
The disappointing sales on Black Friday may have been the result of shoppers like Miguel Garcia, a 40-year-old office coordinator.
"I can't deal with all that craziness," said Garcia, who was at a Target in the Bronx borough of New York City on Saturday. "Compared to what I saw on TV yesterday, this is so much more comfortable and relaxed. I can actually think straight and compare prices."
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AP writers Rodrigue Ngowi in Watertown, Mass. and Juan Carolos Llorca in El Paso, Tex. contributed to this report
It's estimated that U.S. shoppers hit stores and websites at record numbers over the Thanksgiving weekend, according to a survey released by the National Retail Federation on Sunday. They were attracted by retailers' efforts to make shopping easier, including opening stores on Thanksgiving evening, updating mobile shopping applications for smartphones and tablets, and expanding shipping and layaway options.
All told, a record 247 million shoppers visited stores and websites over the four-day weekend starting on Thanksgiving, up 9.2 percent of last year, according to a survey of 4,000 shoppers that was conducted by research firm BIGinsight for the trade group. Americans spent more too: The average holiday shopper spent $423 over the entire weekend, up from $398. Total spending over the four-day weekend totaled $59.1 billion, up 12.8 percent from 2011.
Caitlyn Maguire, 21, was one of the shoppers that took advantage of all the new conveniences of shopping this year. Maguire, who lives in New York, began buying on Thanksgiving night at Target's East Harlem store. During the two-hour wait in line, she also bought items on her iPhone on Amazon.com. On Friday, she picked up a few toys at Toys R Us. And on Saturday she was out at the stores again.
"I'm basically done," said Maguire, who spent about $400 over the weekend.
The results for the weekend appear to show that retailers' efforts to make shopping effortless for U.S. consumers during the holiday shopping season worked. Retailers upped the ante in order to give Americans more reasons to shop. Stores feared that consumers might not spend because of the weak job market and worries that tax increases and budget cuts will take effect if Congress fails to reach a budget deal by January.
Retailers, which can make up to 40 percent of their annual revenue in November and December, were hoping Thanksgiving openings and other incentives would help boost what's expected to be a difficult holiday shopping season. The National Retail Federation estimates that overall sales in November and December will rise 4.1 percent this year to $586.1 billion. That's more than a percentage point lower than the growth in each of the past two years, and the smallest increase since 2009, when sales were nearly flat.
Matthew Shay, president and CEO of the National Retail Federation, said retailers can be encouraged by the first weekend of the holiday shopping season.
"Retailers and consumers both won this weekend, especially on Thanksgiving," he said.
Here were the trends that emerged over the weekend:
- Online wave: According to comScore, which tracks online spending, online sales rose 26 percent to $1.04 billion on Black Friday compared with a year ago. On Thanksgiving, online sales rose 32 percent from last year to $633 million. And online sales on Black Friday were up 26 percent from the same day last year to $1.042 billion. It was the first time online sales on Black Friday surpassed $1 billion.
- Thanksgiving shopping: Many stores, including Toys R Us and Target, opened on Thanksgiving evening this year. No data is out yet about how much shoppers spent on that day, but it appears that consumers took advantage of the earlier start: According to the National Retail Federation's survey, the number of people who shopped on Thanksgiving rose 23.1 percent. That compares with a 3.1 percent increase for Black Friday.
Linda and James Michaels of Portland, Ore., were among those shopping on Thanksgiving. They hit up the big sales on the day and got everything they were hoping for that night.
They picked up remote control cars and some Mickey Mouse items on sale at Toys R Us. Then they went a few doors down to Target and scored the last Operation game on sale for $7. They were even able to pick up some pajamas and shoes along the way for the kids. In total they spent about $300.
"I felt lucky that I caught the deals and there was no craziness, no fighting," said Linda Michaels. "I was nervous."
ShopperTrak, which analyzes customer traffic at 40,000 U.S. stores, plans to release sales data for Thanksgiving later this week, but the firm is estimating that retailers generated $700 million in sales on the holiday.
- Black Friday flop: It appears that the Thanksgiving openings may have hurt sales on the day after.
Black Friday is still expected to be the biggest shopping day of the year, but sales on that day slipped to $11.2 billion, down 1.8 percent from last year, according to ShopperTrak. That's below ShopperTrak's estimate that Black Friday sales would rise 3.8 percent to $11.4 billion.
Karen MacDonald, a spokeswoman at Taubman Centers, which operates 28 malls across the country, said that Thanksgiving openings hurt business. Based on a sampling of 10 malls, sales growth was unchanged up to mid-single digits on Friday, and unchanged up to low single digit on Saturday.
"It was a different feeling," she said. "It was a good Black Friday, but I don't think it was great."
The disappointing sales on Black Friday may have been the result of shoppers like Miguel Garcia, a 40-year-old office coordinator.
"I can't deal with all that craziness," said Garcia, who was at a Target in the Bronx borough of New York City on Saturday. "Compared to what I saw on TV yesterday, this is so much more comfortable and relaxed. I can actually think straight and compare prices."
------
AP writers Rodrigue Ngowi in Watertown, Mass. and Juan Carolos Llorca in El Paso, Tex. contributed to this report
You know how much I saved?!?!? A LOT!!! Because I didn't go shopping at all. :o)
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Frankly, seeing the video of all those people packed in like cows for the slaughter was super creepy and I'm glad I will never, ever, go out on "black Friday."
Every year the sheep become even more mindless.
Consumers are spending a lot of money this year. This Cyber Monday may turn out to be a very good day for retailers because they are offering shopping cards for buyers to make their purchases today
Those maniacally greedy faces lighting up in anticipation as they all swarm in ready to grab anything and everything, it makes me queasy just looking at it safely from home. You couldn't pay me enough to be in that crowd, they just look so gross! :^( :^(Â
@MargeGunderson I got talked into going out one year for the whole Black Friday shenanigans with a friend and her mom. I was 3 months pregnant and waited in line at Nordstrom's at 2am for a couple hours. It was absolute chaos. Once the doors opened people were pushing and shoving and for what? A $5 gift card and for sales on still overpriced merchandise. Never EVER again. I contently do my shopping from the comfort of my own home.
 @Tattooed_Angel  @MargeGunderson You're a braver woman than I am for even trying!Â
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Definitely shopping from home â no morons mowing us down in parking lots, no psychos pepper-spraying or stomping us in their rush for tiny discounts, no drunks hitting us on the drive home, no POS breaking our windows to steal all the presents we bought. etc.Â
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Glad you made it out of that day safely! :^D
""I'm basically done," said Maguire, who spent about $400 over the weekend"
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So, lets look at the follow-through on sales over the next 3-4 weeks. One day, or even one weekend, is a nice headline, but for the retailers to see good profits, they will need to sell at a higher rate for the remainder of the season. If everyone is just shopping the loss leaders and the sale prices that squeeze their margin, the end result will not be that great.
How much of it was paid with plastic? How can we expect our Government to stop spending on crap if we don't need, when we don't do any better?
U.S. Credit Card Debt Grows, Fewer Americans Make Payments On Time
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http://www.huffingtonpost.com/2012/11/19/us-credit-card-debt-grows_n_2158010.html
 @RTNavy I'm betting much if not most.  Just run them credit cards up!!  That's how to save money!  Huh?
We need to worry less about the meaningless wrapped trinkets stuffed under the tree, and more on the industries  we need to keep going in the USA Â
Watch this - Â Â http://abcnews.go.com/US/MadeInAmerica/wrench-inventor-claims-sears-stole-idea-china/story?id=17720122Â
 @nokoolaid4me Welcome to corporate owned America. Mr Brown is right. The mega rich corporations can pretty much do whatever they want, with the blessing of our government, because your "average Joe" can't afford to fight them. I hope to God this man wins. Of course, in the meanwhile, I'M not buying a DAMN thing from Sears.
 @Wolfen  @nokoolaid4me I haven't made a purchase from Sears in 25 years or more. Of course they most likely have other retail store under them I don't know about so still give them money unknowingly. That's the hard thing, trying to figure out all the alliances they have, so when you boycott you can truly boycott.
IMO, I don't think the stores should be open on Thansgiving. I liked having Thanksgiving dinner, playing some games with the family, and getting a couple of hours of sleep, to get up in the wee hours to shop. That's what made it so much fun. I'm sure the retail employees would like to spend time with their families on Thanksgiving too.
Meaningless estimate - impossible to gauge that stuff (must come from the same stooges that throw out movie numbers each weekend). Made for a nice hooky headline, though...
Ya, I don't think it was as great as this headline implies. That is not what I am reading from other sources. They do allude to that fact toward the end of the article for those that actually read it.Â
 @Grumpa That's what I got too:  Sounds to me like Thanksgiving day shopping just cannibalized Friday shopping....great idea-NOT!
Shhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh!!!
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Don't tell the non-thinking Republicans (not to be confused with thinking Republicans who actually ask questions) this information. The economy is terrible. Never worse. Worse in history. It's the end of days I tell you, THE END OF DAYS!!!
 @Howard Beale 8% unemployment, 50 million on food stamps but whatever.
 @CrankyPanky Food stamps does not equal unemployed.
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Think, CrankyPanky, THINK - I do consider you one of the more smarter posters here. You were given a brain, and instead of hwarfing up the same talking points from the Rush Limbaugh show over and over and over again, ask questions, and dig into the REAL data.
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Here is some real data on Food Stamps - under Bush (43) from 2000 to 2008 Food Stamp recipients increased 64% from 17 million to 28 million. The increase to 46.1 million (ehhh, 50 million, 46.1 million, what's a rounding error on a talking point) follows that 64% rate. Put it on a trend line, despite having the second worst recession in US history, the number of people on Food Stamps did not "accelerate," but grew at pre-recession levels. Admittedly growth is no good, but the rolls grew at the same rate under rather prosperous times with Bush 43. Surprise!
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So lets look at the statistics behind the 46.1 million number. A whopping 47% of food stamp recipients are - children - 0 to 17 years old. That's 21.67 million children. That means 24.43 million people on food stamps are over 18. Another 20.9% of Food Stamp recipients also get SSI, about 9.63 million people. That means they are disabled and can't work. That leaves 14.8 million people. Wait, there is more. 21.4% of recipients collect only Social Security income. Fixed income, retirees who lets remember, had to have paid into the Social Security system in order to collect Social Security (SSI is broken out as a separate line item above, these isn't disability income). That's about 9.86 million people.
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That leaves - 4.94 million people. Non-disabled adults - on Food Stamps. Links below - this is right from USDA government information. There is definitely some statistical overlap for say children who are also collecting SSI (but not Social Security plus SSI unless you're blind or deaf, which is going to be a relatively small percentage), So admittedly the 4.94 million number isn't perfect, but its close.
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Wait, there is more.
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Lets dive into older data. Back In 1990, Under Bush (41), just 19% of households (not individuals, households) that got Food Stamps had reportable income. That means made enough money to be required to file an IRS tax return. That number has now grown to 41% of households. That means 2 out of 5 households on Food Stamps have people in the house working, reporting an income and filing tax returns. So for those 41% of homes, the outsourcing, the stagnate wages of twenty years (when you adjust for inflation), the continued squeezing of the middle class is taking its toll. It is also very safe to assume that a percentage of those collecting Food Stamps, both illegal and legal workers, are working under the table - but there is no data to support how many - so lets not confuse the discussion with "what ifs" with no data.
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And from the two links I provided you down below, in 2011 the number of homes collecting Food Stamps with incomes was just 30% in 2011, it is now in 2012 up to 41%. A more than 1/3 increase in a year of recipients who found work and provided their own income.
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But that's OK, because even if that $7.25 doesn't pay enough (federal minimum wage which more and more states, including diehard red states are ignoring and passing higher limits), because if you work at Walmart, they will give you all the information you need to get Food Stamps. So we the tax payer supplement their paycheck, the recipient gets tax free income, Walmart avoids payroll, and unemployment taxes (and assorted local taxes), and makes a profit on the Food Stamps WE paid for.
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Note, I said WE. You - and me. I don't like it either buddy. Well at least for the 41% who are working, and the 4.94 million deadbeats in the system. But 4.94 million is a far cry from the 50 million number the doom and gloomers like to toss around.
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I mean unless you want to take a food lifeline away from children 0 to 17 who's only crime was to be born into poverty, the so badly disabled they can't work, and little old ladies living off of Social Security, which represents about 90% of the people getting Food Stamps, then please - continue to repeat the point.
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http://www.usnews.com/news/articles/2012/01/17/gingrichs-uncomfortable-facts-about-food-stamps-hold-water
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http://blogs.wsj.com/economics/2011/09/26/most-food-stamp-recipients-have-no-earned-income/
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Eighty-percent
 @Howard Beale There you go again, using facts to try to educate people. You know the US is full of dead beats who want nothing more than to spong off of our government. Just ask any Tea Party Republicans, they'll tell you! But, kudos to you for trying. I hope some people will actually read your post, and learn.
 @Howard Beale Oh give it a rest Howard. We ALL know that people are out spending their welfare checks because since the election, they're guaranteed PLENTY more! :) Hey......YOU made it political. lol. Pretty funny actually.......it's all you HAVE.
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 @Wildstar HA HA! I confess I lived in Texas for eight years and I do know they have some somewhat unique things written into their statehood. I believe the state could reorganize itself to up to five states was one point explained to me. There is also some really specific language on federal claims to lands and land rights in general.
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Texas, when it became a country, and then a state, was extremely sensitive on the issue of land rights. That lives on even today. In Texas it is very difficult to get a HELOC or home equity loan. The state laws are very specific and many attempts from the banking industry to remove those barriers were generally met with fierce resistance. I was living there when the door cracked open for HELOCs, but a persons land/home was never looked upon as an ATM machine. Texas' foreclosure rates have generally been lower than the rest of the nation and property values have lagged the rest of the nation because of this. Which is - a good thing.
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I was also told, but never researched it, that there are very liberal property tax laws in Texas, especially around farming. When I was living there one of the biggest tax dodge and subsidy scams at both a state and federal level (I call it a scam, it was perfectly legal, I believe those loopholes have been closed) was to have - a Christmas tree farm. Yup. Your property was taxed as a farm as far as the state/county/local was concerned, and the USDA treated you as a farm also. You only had to let people onto your property to cut trees every five years. Remember, Texas isn't all semi-arid chapparal, the Big Piney Woods, over one-million acres of forest dominates the eastern 1/3 of the state.
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I guess the point of these ramblings is that if any state could in the way everything was written secede, it would be Texas. However the nutters don't realize how devestating it would be.
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One example that clearly the secede folks haven't through through. Keystone XL. What American President, Republican or Democrat, would allow the Keystone XL pipeline to run across US soil for the benefit of Texas refineries and oil exporters. Whoops, guess that doesn't exactly work out anymore.
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I know one argument they make is all the great hospitals in Texas, but the SUPPLIERS of medical equipment, and the research for pharma, oh wait, that's not in Texas. That's in other parts of the United States. Now you need trade agreements for these things - and that isn't a wave of the magic wand.
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Other than the Toyota Tundra factory, all other cars would now be "imports" and subject to those rules. Sorry, that F-150 is now "foreign,"
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The Texas National Guard and Air Guard would likely be able to keep their equipment, but any supplemental monies to pay for it would become due - no more tax credits or Pentagon supplements.
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Sure, the "country" of Texas would get the empty remains of Lackland AFB and Fort Hood (among others) which are both training facilities - but the federal troops would be reassigned, and anything not nailed to the ground would certainly be removed. Heck, there would be nothing to prevent the US government upon withdrawal from blowing up the buildings - as is protocol in other areas when leaving operating bases in foreign countries.
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I could go on but when someone with a brain actually looks at the big picture, secession would be moronic.
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Hamilton was a bastard for federalizing the state debt after the Revolutionary War. He was a genius, but also a bastard. It was one of the worst things to happen to this country, and it was the first big step to gutting states rights. I do "get it" and I do feel that states right are utterly trampled. But secession. Stupidity. But if Texas wants to turn itself into a second-world country overrun by Mexican drug lords, with a demilitarized zone between Texas and Mexico - hey - have at it.
@the unvarnished truth So what exactly are you trying to say?