US shoppers scrambled for bargains as "Black
Friday" launched the retail sector's holiday season on Friday and
triggered sporadic outbreaks of violence across the country.
Although
there were no fatalities reported as in previous years, the annual
frenzy for discounted items saw tempers flare across the nation, with
reports of fistfights, a stabbing and a shooting.
Local
media reported that police shot a suspected shoplifter in Chicago,
while a man was stabbed in Virginia in a fight over a parking spot at a
branch of the Walmart retail giant. YouTube carried a video of unruly
crowds at a Texas store.
In New Boston, Ohio, a woman
was "knocked down" at a Walmart and took herself to the hospital, a
police officer said. The officer said the woman was not seriously
injured.
Violence had begun on Thursday night, as many stores opened their doors early to get a jump on the stampede.
Police
in Las Vegas said a shopper leaving a store with a television set was
shot by a thief while in Rialto, California, a police officer was
injured trying to break up a fight in a carpark.
Shoppers in Manhattan meanwhile reported huge crowds as night-owls hunted for bargains.
"At
three or four o'clock in the morning, it was very crazy. We went with
the flow," said Jason Flores, who was carrying bags from Macy's and
Zara, among others. "It's best not to have a plan. It makes it more
fun."
Walmart meanwhile found itself the target of protests in Chicago, Dallas and other cities over low pay.
Organizers
said tens of thousands of people marched nationwide, spread across
1,500 stores in 46 states. More than 110 people were arrested, they
said.
"Walmart jobs should be good-paying jobs,
family-supporting jobs," Walter Turner, pastor of the New Spiritual
Light Missionary Baptist Church in Chicago, said after his arrest at a
protest, one of more than 110 reported across the country.
A
Walmart spokesman defended the company's wages as "on the higher end of
the retail average" and said the company promotes good performers.
This
season's holiday shopping season is a full six days and one shopping
weekend shorter than last year's due to the late Thanksgiving season.
Holiday
shopping traditionally accounts for 20 to 40 percent of an individual
retailer's annual sales, according to the National Retail Federation.
One
consequence of the Thursday launch to the weekend, however, was
somewhat lower shopping volumes on Friday morning, said Morningstar
analyst RJ Hottovy.
"Traffic is down a little bit,"
said Hottovy, noting that some shoppers may also have stayed away due to
cold weather and increased online shopping
.
.
Analysts
say shoppers are anxious following the October US government shutdown
and near-default on US debt. On top of that, global economic growth
remains tepid and US job growth has been unspectacular.
The
National Retail Federation predicted that holiday shopping sales will
increase 3.9 percent to $602.1 billion over the 2012 level.
That
is better than the 3.5 percent growth in the 2012 season, but below the
six to seven percent increases before the financial crisis.
Analyst
Hottovy forecast that sales will grow at just three percent this
season. He cited higher payroll taxes and concerns that the new health
care law will result in higher costs.
"I think the low-middle income consumers are still facing a number of pressures," Hottovy said. "We do expect a slowdown."
Chris
Christopher, director of consumer eeconomics at IHS Global Insight,
predicted holiday retail sales will grow 3.2 percent above last year's.
But
the 2012 season was depressed by Superstorm Sandy, concerns about
Washington budgets and the Newtown, Connecticut slayings at an
elementary school.
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