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Fashion Jobs
PUMA
Manager Product Line Sportstyle Footwear
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L'OREAL GROUP
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Security/ Compliance Manager
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Permanent · Ho Chi Minh City
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Store Department Manager (Quản lý Ngành Hàng Tại Cửa Hàng) - đà Nẵng Based
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Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Khu Vực Aeon Mall hà Đông
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Department Manager (Quản lý Ngành Hàng) - Khu Vực Ocean Park Gia Lâm
Permanent · HANOI
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Nhân Viên tư Vấn Bán Hàng Toàn Thời Gian Khu Vực Vincom Times City
Permanent · HANOI
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Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Tại Vincom Plaza hạ Long
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Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Khu Vực Times City
Permanent · HANOI
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Visual Merchandiser (Phụ Trách Trưng Bày Làm Việc Tại Cửa Hàng) - hồ Chí Minh Based
Permanent · HO CHI MINH CITY
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Nhân Viên tư Vấn Bán Hàng Khu Vực Royal City - hà Nội (Bán Thời Gian và Toàn Thời Gian)
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Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Khu Vực Mega Mall Times City, hà Nội
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H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Khu Vực hà Đông, hà Nội
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H&M
Nhân Viên tư Vấn Bán Hàng Toàn Thời Gian Khu Vực Gia Lâm - hà Nội
Permanent · HANOI
NIKE
Nhân Viên Vận Hành Máy ép Nhựa (Đồng Nai)
Permanent · Ho Chi Minh City
By
Reuters
Published
Nov 29, 2021
Reading time
2 minutes
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Cyber Monday sales expected to slow as US shoppers see fewer deals

By
Reuters
Published
Nov 29, 2021

U.S. retailers are estimated to generate online sales of up to $11.3 billion on Cyber Monday, a decline in growth from a year earlier as fewer discounts and limited choices due to global supply chain disruptions deter shoppers.


Photo: Shutterstock - Archivo



Retailers had also spread out promotional deals across more weeks this year to protect profit margins from surging supply chain costs and to better manage inventories amid widespread product shortages ahead of the Christmas shopping season.

Those attempts have pinched sales on what are traditionally some of the biggest shopping days of the year, with data from Adobe Analytics over the weekend showing spending online during Black Friday fell for the first time ever, reversing the growth of recent years.

U.S. spending on Cyber Monday, which gained popularity in the mid-2000s as a way for online retailers to cash in on the jump in consumer spending around Thanksgiving, is expected to be between $10.2 billion and $11.3 billion, according to early estimates from Adobe.

That translates to roughly flat growth at the midpoint compared to last year’s $10.8 billion, a near 15% jump from 2019 levels.

“We’ve seen the lowest holiday discount rates in recent history,” said Rob Garf, general manager of retail at Salesforce, adding that discount rates in the United States in the week leading up to Cyber Monday were on average 8% lower than they were last year.

“There won’t be more presents under the tree this year. U.S. order growth across November is flat and consumers are purchasing 1% fewer items per transaction,” Garf said.

The start of the holiday season sales also comes when the new Omicron coronavirus variant has triggered uncertainty over the economic recovery, causing a selloff in the U.S. stock markets on Black Friday.

A senior Amazon.com Inc executive has said it remains too early to predict how the variant will impact consumer spending during the holiday season but suggested that shoppers will press ahead for now.

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