Yesterday, I traveled around Atlanta to get a feel for how Black Friday was performing and live tweeted my experience. I spent 12 hours shopping, and put more than 200 miles on my car while covering the entire north side of the city. Here are my five key takeaways:
1. Thanksgiving day openings just took away from Black Friday door busters, but those that didn’t open Thursday were packed, Home Depot to name one.
After a strong start on Thanksgiving evening, traffic died down overnight and remained lighter than past years this morning according to JLL-managed centers Holiday Pulse report. Much like last year, retailers that opened yesterday traded Black Friday morning sales for Thursday evening sales but the impact was greater as more retailers opened on Thanksgiving Day this year. All centers expect traffic to pick up later today after the diehard shoppers rest… Read More
Shoppers did in fact hit the mall after the turkey tryptophan wore off last night, according to JLL’s Holiday Pulse Survey, which looked at a cross-section of JLL-managed properties in the U.S. By all accounts, traffic was strong across the board and JCPenney and Victoria’s Secret were two of the biggest winners of the day.
Check out the top 6 center recaps of Thanksgiving Thursday:
South Park Mall: “Lines were in full force beginning at
Shoppers’ time, peer recommendations and attention are priceless commodities that retailers are vying for year-round and even more so during the holiday season. More than 85% percent of respondents to JLL’s holiday sentiment survey expect foot traffic this holiday season to increase… Read More
The countdown to Black Friday begins – 10 days till the busiest shopping day of the year. So, who’s hiring for the Holidays?
To provide a better customer experience, more than 95% of respondents to JLL’s recent survey indicated their staffing will remain the same or increase compared to last year, with nearly 40% reporting… Read More
Retailers across the U.S. opened their doors on Thanksgiving, giving shoppers a post turkey dinner work-out. A cross section survey of malls under JLL Retail’s management showed that Thanksgiving Thursday may have stolen Black Friday’s lime light. Several properties reported packed parking lots and lines in excess of 1,000 shoppers to get big ticket items from retailers like JCP, Target, Belk and Sears.… Read More