Black Friday Confirms What’s In, What’s Out For Retail
For many brick-and-mortars, Black Friday 2012 proved to be a mixed bag. ShopperTrak found foot traffic was up (3.5 percent), but sales were down (-1.8 percent). Rather than grieve the changing face of holiday retail, however, it’s time for the industry to fully acknowledge the growing power of consumers… and for marketers to shift their strategies accordingly.
For me, Black Friday was confirmation of what’s in and what’s out for retail.
“Out” for retail:
Traditional “big shopping days.”