Nielsen: Consumers ready to shop on Black Friday
Schaumburg, Ill. – Nearly one in five Americans will shop on Black Friday, and more than half (61%) plan to spend $100 to $500, according to a new survey by The Nielsen Company. Among the likely Black Friday winners are department stores, with 76% of consumers planing to shop the channel, and supercenters/mass merchandisers, where 55% will shop.
In other findings, 64% of shoppers will buy apparel, while 60% will buy electronics and 47% will buy toys. Also on Black Friday shopping lists: video games (36%), gift cards (35%), discretionary items (27%) and jewelry (22%).
“Consumers are ready to spend, but in a mindul manner,” said James Russo, VP, Global Consumer Insights, The Nielsen Company. “Consumers continue to closely plan their spending in this persistetnly difficult economic climate and for Black Friday, that means shopping lists.”
Survey: 88% of retailers plan Cyber Monday specials
Washington – Retailers have big plans for Cyber Monday (the Monday after Thanksgiving), according to Shop.org’s eHoliday Survey, conducted by BIGresearch. Nearly nine in ten (88.2%) retailers will have a special promotion for Cyber Monday, up from 72.2% in 2007.
Retailers’ Cyber Monday plans are more robust this year with nearly half of companies offering specific deals (49.0%, up from 42.9% last year) and many planning one-day sales (41.2% vs. 32.9% last year) and free shipping on all purchases (21.6% vs. 15.7% last year). In addition, the majority of retailers (62.7%) will send promotions and deals to shoppers through a special Cyber Monday email.
Although many will opt to shop for holiday gifts online from home, many Americans also set aside time over their lunch hours or at the end of the day to shop online from work. According to the survey, 54.5% of workers with Internet access, or 70.1 million people, will shop for holiday gifts from the office this year. Employees most likely to shop from work include men (56.5%) and young adults 25-34 (71.8%).
Walmart announces pro bono legal services program for Arkansas
Bentonville, Ark. – The Walmart legal department announced plans to undertake an in-house pro bono program in which its attorneys, paralegals, and support staff will participate in legal aid projects in the Arkansas community. In doing so, Walmart has become the 100th signatory to the national Corporate Pro Bono Challenge, a voluntary benchmark developed and administered by Corporate Pro Bono (CPBO), a partnership project of the Pro Bono Institute (PBI) and the Association of Corporate Counsel (ACC), designed to encourage and promote pro bono service with in-house lawyers and legal departments.
In addition, the Walmart legal department and the Walmart Foundation today announced a $115,000 donation to Legal Aid of Arkansas and the Arkansas Access to Justice Commission. The grant will help the Commission continue its efforts to address key issues raised by low-income clients, including family law, consumer practice, financial, housing, and employment matters.
"Our pro bono effort is a natural extension of our company’s overall belief in being a good corporate citizen," said Jeff Gearhart, executive VP and general counsel of Walmart. "Helping to ensure that access to legal services is a reality for all of our citizens, regardless of their ability to pay, is consistent with Walmart’s commitment to making a difference in the communities that we serve."
The $115,000 award from the Walmart Foundation will assist Legal Aid of Arkansas in funding its Medical-Legal Partnership with Mid-Delta Health Systems, which serves patients in six of Arkansas’ poorest counties, located in the Mississippi River Delta area.