SGB Sportsmans

Black Friday remained the top shopping day for both in-store and online, but but NRF said shoppers ramped up their activity over the weekend. Saturday had flat year-over-year in-store activity but saw an additional 10 million online shoppers compared to Saturday last year. The Sunday after Thanksgiving saw a surge in the number of shoppers in-store while the number of online shoppers declined year-over-year.

Consumers spent a total of $14.25 billion online on Cyber Monday, up 7.1 percent YoY, topping Adobe’s initial projection of $14.2 billion, up 6.3 percent YoY. Sales of apparel grew 5.2 percent while sporting goods gained 6.0 percent on the day.

Production reportedly jumped into expansion, but Employment contracted at a faster pace, as 67 percent of panelists (the same as October) indicated that managing head counts is still the norm at their companies, as opposed to hiring.

Reports from Adobe, Mastercard SpendingPulse, RetailNext, Sensormatic, and Shopify found that Black Friday sales aligned with, or exceeded, expectations, as strength in online sales offset continued softness in in-store traffic on the major U.S. holiday shopping day.

The monthly report measures consumers’ optimism or pessimism about the U.S. economy, business conditions and personal finances. The Index is also a key economic indicator based on consumer attitudes and purchasing intentions, with higher readings suggesting more confidence and a greater likelihood of increased spending.

Dick’s Sporting Goods Inc. on Thursday announced it will absorb pretax charges between $500 million and $750 million in future quarters to clear unproductive inventories and close an as-yet-undetermined number of stores at its recently-acquired Foot Locker business. On an analyst call, Ed Stack, Dick’s executive chairman, said, ”Our first priority is clear. We need to clean out the garage of underperforming assets.”

Matthew Barnes will reportedly oversee the Foot Locker stores, e-commerce and digital businesses across Europe, Asia and Australia and its licensed store presence in Europe, the Middle East and Asia. Barnes will report to Ed Stack, executive chairman, Dick’s Sporting Goods, Inc.

Industry insights from Deloitte’s 2025 Black Friday/Cyber Monday Consumer Survey found that more respondents plan to shop during the Black Friday through Cyber Monday period (November 29 to December 1) this year. The survey of 1,200 consumers was fielded between October 15 and October 23, 2025.

Once again, consumer sentiment fell in November compared with the preceding month amid concerns over personal finances amid higher prices, according to the University of Michigan’s monthly survey.