Macy’s lowers guidance for the year on higher inventories and slower sales

Trick or trend: Black Friday sales disappoint unless you’re an online retailer

In person visits to physical stores in the United States fell by 52% on Black Friday compared to a year ago, according to preliminary data from Sensormatic Solutions. That follows on a 95% plunge in foot traffic to stores from a year ago on Thanksgiving Day  as many retailers chose to close that day.
On the other hand, sales at online retailers grew on Thanksgiving Day, climbing to $5.1 billion from $4.2 billion in 2019, according to preliminary data