shopping

Could the Coronavirus Be the Downfall of In-Store Black Friday?

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September 17, 2020 at 5:00 am ET

Our ongoing research on U.S. holiday shoppers reveals that the convergence of trends begun in years past and catalyzed by the coronavirus in 2020 may lead to the demise of Black Friday as we knew it. Brands and retailers relying on this annual shopping holiday – and the foot traffic that has historically accompanied it – now need to plan for increasingly digital and dispersed holiday seasons.

This analysis was authored by Victoria Sakal, Morning Consult’s managing director of Brand Intelligence.

 

2020 finds 52 percent of Americans planning to sit Black Friday out this year, the once-classic occasion that kicked off the holiday shopping season for U.S. consumers, with only 12 percent expecting to shop in-store. This moment is the culmination of a combination of factors – all trends accelerated by COVID-19: an earlier start to holiday shopping reflecting consumers’ experiences with stockouts and delayed deliveries since the start of the pandemic, a desire to avoid crowds given extreme health concerns and increased adoption of online alternatives just as Black Friday, Cyber Monday and Cyber Week have begun to blur together in recent years.

Setting the scene: online adoption, sooner starts and health-related hesitations

Americans generally tend to shop about equally online and in-store, but this shifts in favor of online shopping around the holiday season – a shift expected to be particularly pronounced this year. Forty-seven percent of U.S. adults plan to do most of their shopping online (up from 45 percent in early August, on par with the most recent poll result) while nearly a third, 31 percent, plan to split their holiday shopping between online and in store (down from 34 percent in early August) and 22 percent (no change) plan to do the majority of their holiday shopping in stores

Those planning to shop mostly online cite pandemic-related safety concerns as a reason (48 percent), though convenience is the primary reason for nearly a third (29 percent) and preference for online shopping driven by increased use of this method in recent months is the reason behind this online shift for over a fifth (21 percent).

Unsurprisingly, the vast majority of American shoppers have health- and safety-related concerns this holiday shopping season. No differences in the degree of concern around crowded quarters and safety risks exist across consumer types and demographics, confirming that these are universal and deeply-felt, in turn fueling a shift to online shopping not seen before, and certainly not expected to happen in 2020.

Reflecting these concerns as well as growing familiarity with and preference for online alternatives, holiday shoppers are uncomfortable going to shopping malls (59 percent) or shopping at either department stores (52 percent) or parking lot pop-ups/sidewalk stalls this holiday season (52 percent), though Republicans are much more comfortable going to shopping malls (51 percent vs. 41 percent all adults) and department stores (58 percent vs. 48 percent all adults)

Conversely, most Americans are at least somewhat comfortable going to local stores

beauty

Tory Burch Grounds Beauty in Utility for Spring 2021

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Inspired by the Shaker aesthetic of her childhood school, the collection is a return to simplicity.

It has been interesting to see the varied ways designers have responded to the constraints of the pandemic through their visions for Spring 2021. These collections, which would have been conceived early on in quarantine, have ranged from the restrained to the colorful, from facing our often scary reality head-on to living a head-in-the-clouds fantasy. The latest from Tory Burch falls somewhere in between those poles. 

Inspired by the Quaker aesthetic of her childhood school, the brand’s Spring 2021 collection is a return to simplicity for Burch, whose most recent showings have often included lots of color and pattern. The notes quote a Quaker maxim  — “Beauty rests in utility” — that explains all of the “unfussy” silhouettes, the neutral-based color palette and the layerable pieces.

“We worked through the challenges of uncertainty, isolation and distance, using our imaginations to travel in our minds and to find new ways to connect,” Burch said, in a statement. “We emerged with a renewed interest in restraint, simplicity and creativity, translated through timeless, uncomplicated clothing that defines classic sportswear — it feels right and what women are looking for in a world compressed by seismic cultural changes.”

But Burch doesn’t abandon luxury: The details, as usual, make all the difference — lace-trimmed collars, beaded macrame fringe and just a hint of sparkle. Instead of a structured bag or a high heel, the key finishing touches here are a substantial laid-back sandal or a collapsable leather tote. It’s exactly how her customer will want to dress come warmer weather, whether they’ll still working from home or back out in the world at large.

See the complete Tory Burch Spring 2021 collection in the gallery below:

A look from Tory Burch Spring 2021. Photo: Courtesy of Tory Burch

View the 29 images of this gallery on the original article

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shopping

Amazon’s Prime Day Accelerates Shift to Online Shopping

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By Sebastian Herrera 

Amazon.com Inc.’s Prime Day sales event propelled consumers to spend billions more online this week, kicking off an end-of-year shopping season that is expected to be dominated by e-commerce shopping.

Overall spending on Amazon’s site increased by 36% in the U.S. during the two-day event compared with Prime Day last year, according to research firm Edison Trends, though that was lower than the 42% increase the company saw in 2019. Before the event, research firm eMarketer projected that Amazon’s total U.S. Prime Day sales would reach $6.17 billion.

Amazon didn’t disclose detailed financial figures for the event, but the company said third-party businesses on its platform sold more than $3.5 billion during the event, a nearly 60% increase from last year. An iRobot Roomba vacuum and Kids Against Maturity card game were among the bestselling items in the U.S.

Away from Amazon, online sales also grew significantly, rising 76% in the U.S. on Tuesday compared with the first day of Prime Day in 2019, according to Digital Commerce 360 and Salesforce.com Inc. Retailers this year have seen a huge uptick in consumer spending online as millions of Americans stayed home for work and school and avoided in-person shopping due to the coronavirus pandemic.

Amazon postponed the event after struggling to meet a surge in online ordering at the outset of the pandemic. The shift away from summer and closer to Black Friday, the day after Thanksgiving when many retailers hold major sales, may have dampened some spending, analysts said. Spending per household on Amazon’s site during the event fell about 28% from last year, according to initial research from Numerator, a firm that tracks receipt data.

Amazon is leading a pack of major retailers in showing how online spending will play a greater role than ever these holidays, especially for the most dominant companies, as the overall retail picture during the shopping season remains shaky. Many retailers plan to close stores on Thanksgiving and are offering Black Friday deals online during November and December to reduce crowds.

Amazon’s e-commerce market share decreased by roughly 1.5 percentage points during Prime Day when compared with last year, according to Edison, with Walmart Inc., Target Corp. and Best Buy Co. gaining a small share. All three joined other major retailers in holding competing sales during Prime Day. Edison and other data-analysis firms reached their conclusions by analyzing hundreds of thousands of U.S. transactions.

Customers have indicated that they plan to continue purchasing most of their items online as the holidays approach. More than half of consumers say they are primarily shopping online for the holidays, more than double last year, according to a survey by Numerator of more than 2,000 shoppers.

“What’s different this year is that you have more people shopping online, and Prime Day has now created that retail promotion period, so it is elongating the shopping season,” said Andrew Lipsman, an analyst with eMarketer. “The pie has gotten bigger this year in terms of e-commerce.”

Few companies

beauty

Sally Beauty Looks Poised on E-Commerce Sales, Growth Efforts

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Sally Beauty Holdings, Inc. SBH is gaining from solid e-commerce business amid the coronavirus outbreak. Moreover, the company’s focus on enhancing customer shopping experience and Transformation Plan is commendable. These upsides and contributions from buyouts are likely to help the company in countering headwinds such as escalated SG&A costs.

Let’s delve deeper.

Solid E-commerce Growth Amid COVID-19

Sally Beauty’s e-commerce sales increased significantly in third-quarter fiscal 2020 compared with the year-ago period. The uptick can primarily be attributed to the company’s accelerated efforts to augment online business to address increased consumer demand on digital platforms amid the coronavirus outbreak. Further, addition of increased number of new consumers online contributed to the performance.

The company has been undertaking a number of efforts to augment its online space in a bid to keep pace with the evolving shopping trends. Recently, it expanded its retail beauty offerings to 4,100 products on the new website— sallybeauty.ca— across Canada. Further, the company expanded its ship-from-store e-commerce distribution points to nine provinces to reduce delivery times in Canada. Sally Beauty also expanded its ship-from-store and same-day delivery options in the United States. The company also replatformed its French and German digital sites to aid business in the U.K.

 

Other Growth Drivers

Sally Beauty is undertaking several initiatives to enhance customer shopping experience. The company successfully implemented the first phase of a multi-year JDA supply-chain platform in first-quarter fiscal 2019. Recently, it rolled out point-of-sale systems to every Sally and Beauty Systems Group (BSG) store in the United States and Canada. Also, management restarted its JDA and North Texas distribution center initiatives. Further, the company is on track to float a private label credit card plan at both BSG and Sally business.

Apart from these, Sally Beauty is on track with its efforts to return to growth trajectory. In this regard, management is focused on its Transformation Plan. In fact, as part of the plan, the company is advancing well with its four key goals —improving customers’ experience, strengthening e-commerce capacities, curtailing costs and enhancing retail fundamentals.

The company is also focused on expanding business through lucrative acquisitions. Recently, Sally Beauty’s subsidiary BSG acquired La Maison Ami-Co Inc. — a professional beauty products distributor in the Canadian province of Quebec. Management expects this buyout to augment its business in Quebec, and increase the reach of BSG’s professional beauty products in its Chalut store network and full-service business. In December 2017, BSG had acquired certain H. ChalutLtée assets, which allowed it to expand its business for the first time in Quebec province. This helped BSG in creating a presence in Canada.

Is all Rosy for Sally Beauty?

During third-quarter fiscal 2020, selling, general and administrative expenses (as a percentage of sales) expanded 770 basis points (bps) thanks to major deleveraging effect of lower sales stemming from the coronavirus outbreak. Moreover, gross profit margin contracted 390 bps due to aggressive on-shelf inventory clearance efforts and non-cash write downs of inventory. Also, lower allowances from vendors were a drag. Apart

women

Women’s Marches Bring Thousands To Washington, D.C., And Cities Nationwide : NPR

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Protesters rally in Washington, D.C., during the latest Women’s March, demonstrations that began just after President Trump’s inauguration.

Carol Guzy for NPR


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Carol Guzy for NPR

Protesters rally in Washington, D.C., during the latest Women’s March, demonstrations that began just after President Trump’s inauguration.

Carol Guzy for NPR

Updated at 6:08 p.m. ET

Thousands of people gathered Saturday in Washington, D.C., and in hundreds of cities across the country for the fifth Women’s March.

The latest iteration of the protest event — first held the day after President Trump’s 2017 inauguration — comes 17 days before Election Day and as Republican senators move to quickly confirm the president’s third Supreme Court nominee, Judge Amy Coney Barrett.

Jade Tisdol from Boston takes part in the Women’s March in Washington, D.C., on Saturday.

Carol Guzy for NPR


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Jade Tisdol from Boston takes part in the Women’s March in Washington, D.C., on Saturday.

Carol Guzy for NPR

The controversial election-year nomination was a central focus during this year’s events, motivating rallies and marches throughout the day. If confirmed, Barrett would succeed the feminist icon Ruth Bader Ginsburg, a champion of gender equality during her nearly three decades on the court.

Saturday’s tent-pole event in Washington was permitted for 10,000 attendees. Organizers said that in total, more than 400 events were planned throughout the country.

Protesters in Washington, D.C., are rallying against President Trump and the nomination of Judge Amy Coney Barrett to the Supreme Court.

Carol Guzy for NPR


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Protesters in Washington, D.C., are rallying against President Trump and the nomination of Judge Amy Coney Barrett to the Supreme Court.

Carol Guzy for NPR

With Election Day just over two weeks away, mobilizing women to vote was a central theme, alongside other women’s rights issues.

In D.C., Sonja Spoo, a reproductive rights activist, said, “Donald Trump is leaving office and there is no choice for him — it is our choice — and we are voting him out come Nov. 3.”

Rocky dons a Ginsburg collar for the Women’s March in Washington, D.C.

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Rocky dons a Ginsburg collar for the Women’s March in Washington, D.C.

Carol Guzy for NPR

One of the largest events planned for Saturday happened in the nation’s capital, where nearly four years ago hundreds of thousands gathered a day after Trump was sworn in.

Though smaller than the historic 2017 crowd, women’s rights advocates came in droves.

Participants carried signs blasting President Trump and supporting Democratic opponent Joe Biden and running mate Kamala Harris.

Hundreds of people gathered on Boston Common on for the fourth Women’s March since Donald Trump took office in 2016.

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Hundreds of people gathered on Boston Common on for the fourth Women’s March since Donald Trump took office in 2016.

Meredith Nierman/WGBH

Brianna Sink

women

Thousands Protest Trump’s Supreme Court Pick at Washington Women’s March | Top News

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WASHINGTON (Reuters) – Thousands marched to the U.S. Supreme Court in Washington on Saturday to commemorate the late Justice Ruth Bader Ginsburg and protest President Donald Trump’s rush to push through Amy Coney Barrett as her replacement.

The U.S. Senate Judiciary Committee has scheduled an Oct. 22 vote on the nomination of Barrett, a conservative appellate judge, over objections from Democrats that the confirmation process comes too close to the Nov. 3 presidential election.

More than 26 million Americans have already cast their ballots for who they want to sit in the White House for the next four years, Trump or his Democratic rival Joe Biden.

Demonstrators at the Women’s March said they were angry that Republicans appear ready to confirm Barrett’s nomination so close to Election Day after refusing to move forward Merrick Garland, the pick of former President Barack Obama, a Democrat, more than six months ahead of the 2016 election.

“The fact of the matter is that we are powerful and they are afraid,” said Sonja Spoo, the director of the reproductive rights campaigns at UltraViolet, a feminist advocacy group, one of the speakers at the protest. “They are on the ropes and they know it and we are about to give the knock-out punch.”

Ginsburg, a liberal champion of women’s rights, died on Sept. 18.

Prudence Sullivan, 49, from Lake in the Hills, Illinois, near Chicago, and her sister Kelli Padgett, 47, from Jacksonville, Florida, flew in to join what they described as an energizing and empowering event.

“We’ve had losses from COVID and we’ve clashed with family members over racism, Black Lives Matter,” Sullivan said. “So this is something where I can put my money where my mouth is.”

Sullivan said she and her husband, an IT expert, were looking at options for moving overseas if Trump was reelected.

The protesters marched through downtown Washington to the Supreme Court steps. Hundreds of marches and demonstrations were planned https://map.womensmarch.com/?eventType=oct-17-march at city halls, parks and monuments across the country.

In confirmation hearings this week, Barrett side-stepped https://www.reuters.com/article/usa-court-barrett-climate/environmentalists-democrats-fault-trump-court-pick-barrett-on-climate-evasion-idINKBN2702L3 questions about presidential powers, abortion, climate change, voting rights and Obamacare, saying she could not answer because cases involving these matters could come before the court.

If Barrett takes a seat on the Supreme Court, conservatives would have a 6-3 majority.

(Reporting by Timothy Gardner; Addditional reporting by Andrea Shalal; Editing by Heather Timmons, Sonya Hepinstall and Daniel Wallis)

Copyright 2020 Thomson Reuters.

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women

Nationwide Women’s March Protests Donald Trump, Amy Coney Barrett

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Thousands of people in masks rallied Saturday in Washington D.C. to protest President Donald Trump and his nomination of Amy Coney Barrett to fill the seat of late Supreme Court Justice Ruth Bader Ginsburg.

The rally resembled that of January 2017, when young women and gender minorities across the country gathered to protest the president’s inauguration.

Rachel O’Leary Carmona, executive director of Women’s March, kicked off the rally by asking attendees to maintain their distance from one another, adding that the only “superspreader event” would be the recent one at the White House. “His presidency began with women marching and now it’s going to end with woman voting. Period,” said Carmona.

Reproductive rights activist Sonja Spoo echoed Carmona, saying “there is no choice” but to vote Trump out of office. “We are the hell and the high water. Donald Trump is leaving office, and there is no choice for him,” she said. “Come Nov. 3, it will because of women – especially Black, brown and Indigenous women – stepping up and saying enough.”

According to a statement on the Women’s March website, organizers hope to “send an unmistakable message about the fierce opposition to Trump and his agenda, including his attempt to fill Ruth Bader Ginsburg’s seat.”

The organization, with the help of demonstrators, also plans on sending over five million text messages, asking female voters to take action in the upcoming election.

Other rallies were organized from New York to San Francisco to signal opposition to Trump’s push to fill the seat of the late Justice Ginsburg before Election Day.

Trump nominated Barrett last month following the death of the late justice, and her confirmation hearings took place this past week. The Senate Judiciary Committee is expected to vote on Barrett’s confirmation on Oct. 22.

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women

Thousands of women protest Barrett nomination [Video]

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Thousands of women marched and chanted in the streets of Washington Saturday to protest against President Donald Trump and his pick for the Supreme Court, Judge Amy Coney Barrett.

The protest organized by the Women’s March organization took place just days before the Senate is set to vote on the confirmation of Barrett to replace the late liberal Justice Ruth Bader Ginsburg.

Trump has asked the Senate to confirm Barrett before the November 3rd election.

Britney Fisher and Emily Minster attended the rally.

“She just can’t get confirmed. We are really big RBG fans. And it was a really big hit when she passed away.”

“Yeah, we’re out here for as long as possible, quite frankly, because we’re pissed off. So I’m trying to do something about it.”

Barrett’s confirmation would give the court a 6-3 conservative majority. Since Trump’s fellow Republicans have majority control of the Senate, Barrett’s confirmation is a virtual certainty.

Video Transcript

[INAUDIBLE SINGING]

Thousands of women marched and chanted in the streets of Washington Saturday to protest against President Donald Trump and his pick for the Supreme Court, Judge Amy Coney Barrett.

The protest, organized by the Women’s March organization, took place just days before the Senate is set to vote on the confirmation of Barrett to replace the late liberal Justice Ruth Bader Ginsburg.

Trump has asked the Senate to confirm Barrett before the November 3 election.

Britney Fisher and Emily Minster attended the rally.

She just can’t get confirmed. We are really big RBG fans, and it was a really big hit when she passed away.

We’re out here as long as possible, quite frankly, because we’re pissed off. So I’m trying to do something about it. I’m not gonna sit on my couch and watch and be pissed off. I’m gonna come out here and change it.

Barrett’s confirmation would give the court a 6 to 3 conservative majority. Since Trump’s fellow Republicans have majority control of the Senate, Barrett’s confirmation is a virtual certainty.

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shopping

Seritage Sells Hialeah Shopping Center for $21M

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Seritage CEO Benjamin Schall, CTO CEO John Albright, and 1460 West 49th Street, Hialeah (Credit: Google Maps)

Seritage CEO Benjamin Schall, CTO CEO John Albright, and 1460 West 49th Street, Hialeah (Credit: Google Maps)

Seritage sold a 108,000-square-foot shopping center formerly anchored by Kmart in Hialeah for $21 million.

A Daytona Beach-based publicly traded real estate company, CTO Realty Growth, bought the shopping center at 1460 West 49th Street, records show. The company changed its name from Consolidated-Tomoka Land Co. to CTO in May. The sale equates to $194 per square foot.

Publicly traded Seritage was spun off five years ago from Sears. In June, Seritage announced it would terminate the master lease covering 12 of the remaining Sears and Kmart stores in its portfolio.

Seritage’s sale of the Hialeah property is a sale-leaseback. The company signed a lease for 25 years, ending in 2045, according to records. The center was built in 1968.

The company transformed the shopping center from a Kmart-anchored center about a year ago, as part of its statewide plan to repurpose old Sears and Kmart stores since the department store retailer filed for bankruptcy in 2018 and closed more than 100 stores in the U.S.

Current tenants at the Hialeah shopping center include Aldi, Ross Dress for Less, dd’s Discount and Bed, Bath & Beyond. The center is on about 8 acres of land. CTO bought the land through a 1031 exchange, with funding from $12 million generated from previously announced property deals and with CTO’s line of credit, according to a press release.

CTO has completed over $185 million of income property acquisitions in 2020 at a weighted average cap rate of about 7.8 percent, according to the release.

The sale comes at a difficult time for the retail market. Bed, Bath & Beyond has been closing stores this year nationwide, though the Hialeah store is open and has not appeared on any list of the company’s locations slated to close. Bed, Bath & Beyond reaffirmed plans to close 200 stores during its quarterly earnings call this month.

Earlier this month, Seritage sold more than 180,000 square feet at the Shops at SouthBay Pavilion in Carson, California.

In May, Seritage Growth Properties stopped construction at Esplanade at Aventura because of the pandemic, resulting in a lawsuit by Mexican restaurant Carolo, seeking to break its lease.

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wedding

NY wedding with 10,000 attendees shut down amid COVID-19

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New York officials this week shut down a wedding expected to draw 10,000 guests amid the ongoing coronavirus pandemic, New York Gov. Andrew CuomoAndrew CuomoTreasury withheld nearly M from FDNY 9/11 health program New York Jewish congregations sue Cuomo over COVID-19 rules, alleging discrimination Bipartisan governors ask Trump for help with COVID vaccine distribution plan MORE (D) confirmed on Saturday.

Cuomo said during a press briefing that officials investigated the planned event that would violate restrictions on large gatherings in New York during the pandemic.

The governor said State Health Commissioner Howard Zucker signed an order “saying you can’t have a wedding in these locations that is over the gathering guidance.”

The event was scheduled to take place on Monday in the Williamsburg neighborhood of New York City. However, it was outside of the targeted red, orange or yellow-labeled areas tracking clusters of COVID-19 cases.

Beth Garvey, special counsel and senior advisor to the governor, told reporters during the Saturday briefing that “the information that our investigation revealed was that upwards of 10,000 individuals were planned to attend.” Garvey said the order was served alongside the New York City’s Sheriff’s Office on Friday night.

Garvey said officials have not received any response to the order, although individuals served with the health notices can request a hearing.

“The city is aware if it,” Cuomo added. “I’m sure that they’re going to have people monitoring.”

“Look, you can get married, you just can’t have 1,000 people at your wedding,” he added. “You get the same result at the end of the day, you’re married. It’s also cheaper.” 

Cuomo on Saturday also announced a new strategy for combating COVID-19 into the fall and winter by targeting documented cases “block by block.” 

“For fall we are going to deploy a micro-cluster strategy. We have been targeting all our actions either … statewide … or we reopened on a regional level. We are now going to analyze it block-by-block,” Cuomo said. “We have data so specific that we can’t show it because it could violate privacy conditions. We know exactly where the new cases are coming from.”

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