Holiday Shoppers Shopping Earlier

Shoppers have really outdone themselves this holiday season and the season has only begun. The question remains will retailers be able to keep the momentum moving forward?

The appetite for shoppers to get a head start on Black Friday continued, as nearly one-quarter (24.4%) of Black Friday shoppers were at the stores by midnight on Black Friday, either waiting for stores to open or visiting retailers who opened on Thanksgiving evening. By comparison, the number of people who were at the stores at midnight was 9.5 percent in 2010 and 3.3 percent in 2009.

“The appetite for these early openings is only getting stronger among holiday shoppers, and retailers did a great job providing Americans just what they wanted this weekend – the ability to shop on Black Friday without having to get out of bed before dawn,” said BIGresearch Executive Vice President Phil Rist. “Consumers are clearly demonstrating their desire to spend this holiday season, and shopping early and often seem to be their new mantra as they seek the best value for all their holiday purchases.”

Scouring deals from discount stores to grocery stores, shoppers visited a variety of retailers over the weekend. The most popular shopping destinations once again were at department stores (48.7%) and discounters (37.5%). Additionally, consumers also shopped at clothing stores (24.6%), drug stores (14.0%) and grocery stores (23.8%), electronics stores (30.8%) and craft or fabric stores (7. 9%.)

Lured by promotions on everything from winter apparel to tablet devices, shoppers definitely stocked up on discretionary gifts this year. More than half (51.4%) bought clothing and clothing accessories, and gift buyers were also drawn to promotions on electronics and computer-related accessories over the weekend. Nearly four in 10 (39.4%) bought electronic items, up from 36.7 percent last year. Additionally, shoppers stocked up on home décor (21.3%), gift cards (23.1%), toys (32.6%), and jewelry (21.8%).

While shoppers are clearly demonstrating their desire to spend this holiday season, they are far from throwing caution to the wind when it comes to how much they will spend on gifts. Retailers will have to stick to an aggressive holiday promotion schedule to keep consumers interested.

About the Survey
The survey, conducted Nov. 24-26 by BIGresearch for NRF, polled 3,826 consumers and has a margin of error of plus or minus 1.6%.