NBC News - 'Super Saturday' expected to be one of the biggest shopping days of the year
With Christmas approaching, malls are bustling with shoppers taking advantage of one of the last opportunities to buy holiday gifts. This day, known as Super Saturday, is expected to see 157 million shoppers, a significant increase from the previous year. The late Thanksgiving has compressed the holiday shopping season, leaving consumers with less time to complete their purchases. As of early December, many have only completed half of their shopping lists. Some stores like Party City and Big Lots are closing, offering significant discounts to clear inventory. Meanwhile, Amazon faces a strike by the Teamsters Union, but reports indicate minimal impact on operations. Despite the rise of online shopping, physical stores are experiencing high foot traffic as people rush to finish their holiday shopping.
Key Points:
- 157 million people expected to shop on Super Saturday, up by 50 million from last year.
- Thanksgiving's late date shortened the holiday shopping season, impacting consumer buying patterns.
- Stores like Party City and Big Lots are closing, offering over 50% discounts on some items.
- Amazon faces a Teamsters Union strike, but operations remain largely unaffected.
- Physical stores see increased foot traffic despite the growth of online shopping.