Search Results for: thanksgiving

Nintendo Hits Milestone Sales During Thanksgiving Weekend

The Nintendo Switch system set two new records from Thanksgiving to Cyber Monday, surpassing the Wii to become the best-selling Nintendo console in U.S. history for that five-day period. Nintendo Switch also had its best-selling week ever in the United States. According to Adobe Analytics, Nintendo Switch was among the most-purchased items online on Thanksgiving Day and the overall top-selling video game product online for the Black Friday-Cyber Monday time period. Shoppers bought more than $250 million in Nintendo products from Thanksgiving through Cyber Monday, according to Nintendo’s internal sales figures. That sales total accounts for video game systems...

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NRF Reports 40 Percent Increase in Multi-Channel Thanksgiving Weekend Shopping

From Thanksgiving Day through Cyber Monday, more than 165 million Americans shopped either in stores or online, according to the National Retail Federation (NRF) and Prosper Insights & Analytics. This surpassed the 164 million who said they would shop in a consumer sentiment survey conducted ahead of the holiday. The average shopper spent $313.29 on gifts and other holiday items over the five-day period. Of that, shoppers spent 69 percent specifically on gifts. Older millennials and Gen Xers (35-44 years old) were the biggest spenders at $413.05. Gen Zers and younger millennials (aged 18-24) spent an average of $149 on holiday purchases...

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NRF, Prosper Insights & Analytics Release Thanksgiving Weekend Survey Results

According to a survey from the National Retail Federation (NRF) and Prosper Insights & Analytics, there were more than 174 million consumers in the U.S. who made purchases in stores and online during the Thanksgiving through Cyber Monday period. This number surpassed an earlier survey from NRF and Prosper Insights & Analytics that estimated 164 million shoppers for this period. Average spending per person over the five-day period was $335.47, with $250.78— 75 percent—specifically going toward gifts. The biggest spenders were older millennials (25 to 34 years old) at $419.52. The survey found that more than 64 million consumers...

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NPD Says Consumers Plan to Start Shopping Thanksgiving Weekend

  The 2017 holiday shopping season is the first that more U.S. consumers will begin shopping in the middle of the season (Thanksgiving weekend through Cyber Monday) than later in the season (early December), according to The NPD Group. According to NPD’s 2017 Holiday Purchase Intentions Survey, getting a late start to the holiday shopping season has become less prevalent over the last 10 years. The biggest shift in holiday shopping timing that occurred in recent years was the same year brick-and-mortar retailers introduced earlier store openings on Thanksgiving Day in 2014. Now, in 2017, nearly 30 percent of consumers plan to...

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Super Wings’ Jett Joins Giant Helium Balloon Lineup in Macy’s Thanksgiving Day Parade

Jett, the transforming robot-plane from the animated preschool series Super Wings, will take to the skies for the 91st annual Macy’s Thanksgiving Day Parade as a giant character balloon. The helium balloon measures approximately 39 feet wide, 45 feet long, and 30 feet tall. Super Wings tells the story of Jett as he travels the world to deliver packages to children. Every delivery brings forward new problems for Jett and his friends and they must work together to solve them. The show ranks No. 1 on NBC Sprout for children ages 2 to 5. It is available for viewing on NBC Sprout, Super Wings TV on YouTube, and other streaming services. The line of toys from Alpha Group U.S. LLC includes play sets and transforming characters from the series. The parade airs nationwide on NBC-TV on Nov. 23 from 9 a.m. to...

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Holiday Spending Kicked into Gear Week Before Thanksgiving

According to The NPD Group’s weekly point-of-sale results for key general merchandise categories, the week before Thanksgiving proved to be important for retail this holiday season. Following a lackluster couple of weeks, sales in the third week of the holiday season lined up with dollar sales during the same week last year. The week’s boost was driven by an 8 percent increase in sales of toys. The top performing characters were PCs, women’s apparel, sport leisure shoes, kids outdoor and sports toys, and games and...

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A Time for Thanksgiving

by Richard C. Levy, president, Richard C. Levy & Associates, LLC As Thanksgiving approaches, I am motivated to compose an open letter to the toy industry, including all of my past and present partners, especially my wife, Sheryl, associates, and corporate and trade executives, with whom I have had the pleasure to work during 38 years in an industry and country that I love. I have been fortunate to have worked with unselfish and creative co-inventors, men and women willing to face the frustrations, rejections, and open-ended time frames that are part of every ideation, development, manufacturing, sales, and licensing exercise. I have been equally fortunate to have met many creative, understanding, fair, honest and courageous corporate executives willing to believe in me, gamble on our ideas, honor the deals and, most importantly, enhance our concepts. It is the cross-pollination and synergism of these forces that result in the success and accomplishments in which all parties share. For if any link in this complex and serpentine chain breaks, an entire project can flag. America was born with a dream. We are privileged to live and work in this land of opportunity. Nowhere in the world do people have more freedom and encouragement to innovate, be different, individual, and to succeed. Alexis de Tocqueville, a French writer that visited America in 1831, wrote: “America is a land of wonders in...

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Angry Birds to Debut in Macy’s Thanksgiving Day Parade

Rovio Entertainment has announced that an Angry Birds balloon will be part of this year’s Macy’s Thanksgiving Day Parade in New York City. A yet to be revealed character from the Angry Birds movie, set for worldwide release next May, will make its debut at this iconic event on November 26. More than 3.5 million spectators line the streets of Manhattan for the parade, and 57 million viewers tune into the live telecast. The three-year deal confirms Angry Birds’ involvement in the parade until...

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