Internet shopping having huge effect this Black Friday as retail stores see severe drop in traffic

Over the past five years internet retail portals such as Walmart.com, Amazon.com, etc… have been slowly eating into the amount of traffic and sales volume for brick and mortar retailers during the Christmas holiday shopping season.  Yet for the most part, shopping online had not replaced the euphoria of America’s Black Friday phenomenon where individuals were willing to wait days or even weeks outside of stores just to be the first to get some inexpensive television or cheap doo-dads they really didn’t need.

Until now.

According to report out last night from the Adobe Digital Index, online shopping rose 14% at the very beginning of Black Friday, which now begins on Thursday evening after most families have finished celebrating the traditional holiday.

US consumers spent over a billion dollars online on Thanksgiving evening, according to Adobe Digital Index. Online spending rose nearly 14 percent from last year, continuing the trend away from shopping in stores.

Between midnight and 5 p.m. ET on Thursday, US consumers spent $1.15 billion shopping online, Adobe estimates.

“Online discounts are earlier and a lot bigger than last year,” said Tamara Gaffney, principal research analyst at Adobe Digital Index, as quoted be Reuters.

The holiday shopping season commonly starts the day after Thanksgiving, or Black Friday with all the retailers offering attractive discounts.

The popularity of store shopping has been declining due to online shopping as well as bargain purchases offered by e-commerce retailers like Amazon and Alibaba. – Russia Today

These statistics are unfortunate for brick and mortar retailers and validate how the internet is becoming a full on paradigm shift for consumers where they can simply sit in the comfort of their own homes and avoid the unnecessary chaos that for years has ensued when they chose to venture out to shop at stores where humanity succumbs to their primal base instincts just to snag a $5 towel or $12 keyboard.

The 2016 holiday shopping season was expected to be a boon this year as economic confidence has soared since Donald Trump won the Presidency, and a resurgence of ‘hope and change’ is driving analyst’s forecasts.  But so far these predictions appear unlikely to hit desired benchmarks with reports around the country of severe drop-offs in traffic and volumes, and it will have to be a wait and see from the data coming in from online sales that will determine if this year’s revenues are able to equal or surpass the dismal sales from the last two holiday seasons.

Image result for internet replacing black friday

Two days ago we reported that according to a troubling – for retailers – survey conducted by Reuters/Ipsos, nearly two thirds, or 63% of US adults, did not plan to shop on Black Friday. It is unclear what exactly is causing this sharp slump in US consumerism: according to Christopher Baldwin, CEO of BJ’s Wholesale Club, one excuse is that “Black Friday is no longer a one-day event; it has turned into a multi-week event.” Another possible reason is that shellshocked by soaring Obamacare premiums, US adults simply have far less disposable cash which to splurge on holiday trinkets.

Confirming the pessimistic outlook on this holiday’s spending season, Reuters reports that according to its own spot checks as well as those of reporters and industry officials, “store traffic remained subdued across the country.”

“Initial reports show it’s steady and not very busy at stores around the country,” said Craig Johnson, president at retail consultancy Customer Growth Partners. The firm deployed 18 people nationwide to observe customer traffic. Rain hurt shopping at stores in the Northeast, Johnson said, but some retailers like Best Buy and Wal-Mart saw improved customer traffic at stores across the country.

At a JC Penney store in Manhattan, Terry Bodiford, visiting from South Carolina, said he did not feel deals were better than he had found online over the past few weeks.

Macy’s and Best Buy on Chicago’s Magnificent Mile were packed, but employees said most of the customers were tourists.

The lack of enthusiasm is troubling. – Zerohedge

Kenneth Schortgen Jr is a writer for The Daily Economist, Secretsofthefed.comRoguemoney.net, and Viral Liberty, and hosts the popular youtube podcast on Mondays, Wednesdays and Fridays. Ken can also be heard Wednesday afternoons giving an weekly economic report on the Angel Clark radio show.

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One Hundred and Fifty-Seven years ago the Democrats waged a war against the First Republican President Abraham Lincoln for giving Blacks their freedom. That war came at a high price, as many as 700,000 Americans died fighting for what they believe in. To put that in perspective, these casualties exceed the nation’s loss in all its other wars, from the Revolution through Vietnam. Today, Americans are still prepared to fight and die to protect their children’s God-given freedoms. Despite what you are reading and hearing in the mainstream media, they aren’t the leftwing-funded rioters, the pussy hat-wearing feminists, or the cuck bois that cant handle a micro aggression. No, the Americans that back Donald Trump are well armed. Donald Trump’s presidency will move forward politically lest the sixty million patriots who voted for him, that are comprised of the large majority of military voters, police, and NRA members, move it forward by force. 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And, now that they’ve been caught robbing the world’s largest bank – the U.S. treasury – they have chosen to go out in a blaze of glory rather than try to defend the indefensible at trial. Washington’s criminal elites have chosen to go to war to unseat our duly elected president. It’s time to make our voices heard before this turns very ugly. Buckle your chin strap, America is counting on you. EDITORS NOTE: THIS IS NOT A CALL TO ARMS BUT RATHER AN ANALYSIS OF WHAT WOULD HAPPEN IF THE DEEP STATES OVERTURNS A DUELY ELECTED PRESIDENT. HERE IS A LIST OF EVERY SINGLE TIME OBAMA COMMITTED AN IMPEACHABLE OFFENSE THAT DEMS & MEDIA COVERED UP “Impeach!” It’s been more than eight years since Democrats uttered that word – long enough for anyone to wonder if it was still in their vocabulary, considering the deafening silence through the dozens of serious scandals during President Obama’s administration – but now that President Trump is the man in the White House, it’s back with a vengeance. Democrats everywhere are wildly slinging the “I” word, hoping to nail Trump for high crimes and misdemeanors after the New York Times claimed a memo written by former FBI Director James Comey said the president urged him to end the federal investigation into former national security adviser Michael Flynn. Some members of Congress are getting in on the action. They include Reps. Maxine Water, D-Calif., and Al Green, D-Texas. Even a Republican, Rep. Justin Amash, claimed Wednesday there are grounds to impeach President Trump. House Oversign Committee Chair Rep. Jason Chaffetz, R-Utah, asked for the alleged Comey memo and other documents. Chaffetz tweeted that he is prepared to subpoena the information. And Sen. John McCain, R-Ariz., invoked “Watergate.” Now the Democratic Party is reportedly poll testing impeachment as a 2018 election issue. More than 1 million people signed a petition calling on Congress to impeach Trump. Wasting no time Wednesday, the mainstream media sprang into action, enthusiastically echoing the left’s impeachment calls. MSNBC launched a Watergate ad implying Trump is America’s new Richard Nixon. “Watergate. We know its name because there were reporters who never stopped asking questions,” says MSNBC host Chris Hayes, who hinted that Trump is next on the impeachment chopping block. “Now, who knows where the questions will take us. But I know this: I’m not going to stop asking them.” Meanwhile, some overzealous members of the left plastered fliers around Washington, D.C., demanding all White House staffers resign Wednesday. The posters read: “If you work for this White House you are complicit in hate-mongering, lies, corrupt taking of Americans’ tax money via self-dealing and emoluments, and quite possibly federal crimes and treason. Also, any wars will be on your soul. … Resign now.” But constitutional scholar Jonathan Turley, who voted for President Obama, warned “impeachment” enthusiasts not to get ahead of themselves with President Trump. Why? At this time, there’s no evidence Trump actually committed a crime. “The criminal code demands more than what Comey reportedly describes in his memo,” Turley wrote in a May 17 opinion piece posted at the Hill. Turley explained: For the first time, the Comey memo pushes the litany of controversies surrounding Trump into the scope of the United States criminal code. However, if this is food for obstruction of justice, it is still an awfully thin soup. Some commentators seem to be alleging criminal conduct in office or calling for impeachment before Trump completed the words of his inaugural oath of office. Not surprising, within minutes of the New York Times report, the response was a chorus of breathless “gotcha” announcements. 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