Skip the Mayhem! Join us for Morningside’s Cyber Monday event! December 2nd, at 9 am!

By Kami Klein

Wouldn’t you rather stay home on Black Friday? Skip the crowds and mayhem? How would you like some amazing deals that you can buy for everyone on your list while you stay snug and warm in your p.j.’s? On Monday, December 2nd beginning at 9 am ct please join Jim and Lori Bakker for our special Christmas Cyber Monday event!

Our Cyber events are always amazing and you won’t believe the deals! Household items, food buckets, Seychelle water products, jewelry, books, and toys will highlight this event where you can find something for everyone you love!

We are so blessed that you support our ministry and these events are our way of giving back. Plus, you have the chance to continue your support so we can produce our Christian programming, support Lori’s House and keep us on the air!

On Monday morning at 9 am ct, have your coffee mugs filled and your gift list ready, get comfortable and tune in to the PTL Television Network from your Roku, Apple TV, Amazon Fire TV or ptlnetwork.com

U.S. holiday shoppers spend record $126 billion online

FILE PHOTO: Shoppers walk through the King of Prussia Mall, United States' largest retail shopping space, in King of Prussia, Pennsylvania, U.S., December 8, 2018. REUTERS/Mark Makela

By Melissa Fares

(Reuters) – U.S. shoppers spent a record $126 billion on online shopping during the 2018 holiday season, taking advantage of early discounts on Amazon.com and other websites and with more people using smartphones to place their orders, Adobe Analytics said on Tuesday.

Adobe, which collects its data by measuring 80 percent of all online transactions from the top 100 U.S. web retailers, said the amount was 16.5 percent higher than last year’s total.

Mobile platforms made up 51 percent of traffic to retail websites during the November-December period and were responsible for nearly a third of all online spending.

Online shoppers spent $3.7 billion on Thanksgiving and $6.2 billion on Black Friday, the day after Thanksgiving.

Cyber Monday the Monday after the Thanksgiving holiday — was the biggest U.S. online shopping day ever, with $7.9 billion spent.

Top-selling items online were L.O.L. Surprise Fingerlings toys; Take-Two Interactive Software’s video game Red Dead Redemption 2; Nintendo’s Switch console; streaming devices; and Dell and Apple laptops, Adobe said.

Consumers spent an average 40 percent more per day during the three weeks after Cyber Monday than in the first three weeks of the season, Adobe said. Sales continued to grow until Dec. 17.

While the online sales figures showed how low U.S. unemployment rates and rising wages boosted consumer confidence during the holiday season, department stores continue to struggle.

Further, consumer confidence in 2019 is seen as likely to be strained by rising U.S. interest rates, the ongoing trade dispute with China, market volatility due to concerns over global growth and political deadlock in Washington.

Macy’s Inc shares plunged 18 percent on Thursday after the department store chain slashed its full-year profit and sales forecast on the back of an anemic holiday season.

Kohl’s Corp reported similarly muted comparable sales growth for the holidays, sending its shares down as much as 9 percent on Thursday. Shares of Target Corp were down nearly 4 percent even after the retailer posted relatively strong holiday sales growth of nearly 6 percent on Thursday.

Overall sales for the 2018 U.S. holiday shopping season rose 5.1 percent to over $850 billion, hitting a six-year high, as shoppers were encouraged by early discounts, according to a Mastercard report in late December.

(Reporting by Melissa Fares in New York; Editing by Frances Kerry)

Deals lure U.S. Black Friday shoppers, biggest sales gains online

A large crowd of people shop during a Black Friday sales event at Macy's flagship store on 34th St. in New York City, U.S., November 22, 2018. REUTERS/Stephanie Keith

By Nandita Bose and Chriss Swaney

NEW YORK/PITTSBURGH (Reuters) – U.S. shoppers formed long lines at store checkout counters on Black Friday to snap up deep discounts on clothing and electronics, offering evidence that a healthy economy and rising wages are translating into stronger consumer spending at the start of retailers’ make-or-break holiday season.

“I am spending more, the mood generally is more upbeat,” said Sharon Neidert, 57, visiting New York City from Ohio. “My daughter moved out this year so I have more disposable income,” said Neidert, a manager at a software company.

People shop during the Black Friday sales shopping event at Roosevelt Field Mall in Garden City, New York, U.S., November 23, 2018. REUTERS/Shannon Stapleton

People shop during the Black Friday sales shopping event at Roosevelt Field Mall in Garden City, New York, U.S., November 23, 2018. REUTERS/Shannon Stapleton

While online sales were up substantially and traffic looked healthy at stores offering discounts, detailed numbers on brick-and-mortar holiday sales will not be available for several days.

“Overall, Black Friday doesn’t have the sense of urgency as in the past and feels more like a busy regular weekend day in many of the stores,” said Dana Telsey at Telsey Advisory Group.

“Many of the promotions were available for the past couple of weeks,” Telsey said. “We haven’t noticed desperation from any retailer.”

Shares of U.S. department stores Macy’s Inc, Kohl’s Corp, J.C. Penney Co Inc and Target Corp were all down between 1 and 3 percent on Friday and weighed on the broader S&P 500 retailing index, down 0.15 percent.

Investors are concerned that retail peaked in the second quarter and business will slow down as comparisons get tougher, said Brian Yarbrough, retail analyst with Edward Jones.

Victoria’s Secret owner L Brands, Walmart Inc and American Eagle Outfitters were some of the top gainers, rising between 0.5 to 3 percent.

STRONG ONLINE SALES

Shoppers spent $643 million online by 10 a.m. ET on Black Friday, with smartphone sales lifting overall online spending by 28 percent from a year ago, according to Adobe Analytics, which tracks transactions at 80 of the top 100 U.S. online retailers.

Online spending is on track to hit $6.4 billion on Friday, which is likely to either match or surpass last year’s Cyber Monday revenue of $6.6 billion, Adobe said. Online sales on Thanksgiving Day were up 28 percent at $3.7 billion.

The National Retail Federation forecast U.S. holiday retail sales in November and December will increase between 4.3 and 4.8 percent over 2017 for a total of $717.45 billion to $720.89 billion. That compares with an average annual increase of 3.9 percent over the past five years.

About 38 percent of American consumers plan to shop on Black Friday, and six in 10 expect to make at least half of their holiday purchases on that day, a Reuters/Ipsos poll showed last week.

DEAL FRENZY

Shoppers picked up big-ticket items such as TVs, Apple Inc, iPads and Watches at Target, while phones, toys, gaming consoles and cookware were top sellers at Walmart Inc.

Some of the deals:

– An H&M store in Manhattan offered 30 percent off everything in-store and online.

– Macy’s in Herald Square, Manhattan, sold a Coach designer wallet, originally $225, for $53.

– Midtown Comics was taking 25 percent off everything at its Manhattan locations until noon.

– An Eddie Bauer in Chicago offered 50 percent off all items.

– At a Chicago-area Pandora, which makes popular charm bracelets that can cost up to $1,000, jewelry was 35 percent off before 10 a.m. and 25 percent off for the remainder of the day.

– J Crew clothing was 50 percent off. Its site experienced some technical difficulties before coming back up.

– Walmart was selling a Google Home mini for $99.

– Buy one, get one free pajamas at Victoria’s Secret.

Charlotte Jackson, from London, come to New York with her mother for Black Friday shopping.

“Black Friday isn’t as big of a deal back home,” Jackson, a 27-year-old tax adviser, said while shopping for lingerie and pajamas at Victoria’s Secret.

MORE TOYS AT TARGET, JC PENNEY

Many retailers, reacting to the bankruptcy of the Toys ‘R’ Us chain, are catering to parents.

Target said in October it planned to dedicate nearly a quarter of a million square feet of new space to its toy business across 500 of its stores. The discount chain’s customers will also be able to shop for more than 2,500 new and exclusive toys, Mark Tritton, Target’s chief merchandising officer said.

“Toys ‘R’ Us had better quality for toys,” said Ashley Drew, 29, shopping for her 5-year-old daughter at a Los Angeles-area Walmart, next door to the empty shell of a Toys ‘R’ Us store.

Department store JC Penney Co Inc, known for its mid-priced apparel, has also made a push into toys.

Carolyn Pertette from Wilkinsburg, Pennsylvania, shopped in the early morning at the Waterfront Mall in Pittsburgh. She said she was upset about the closing of Toys ‘R’ Us.

“I’m concerned about where I’m going to get toys for the kids,” she said.

Shortly before 6 a.m. on Friday, shoppers were banging on the door at a Bath & Body Works in the Waterfront Mall in Pittsburgh, lining up for discounted candles, soaps, and lotion, while long lines formed at checkout counters in a Dick’s Sporting Goods store in the mall.

There was little evidence of the delirious shopper frenzy of Black Fridays from past years, in other parts of the country, especially the Northeast, where crowds were thin due to cold weather.

An Athleta clothing store in Tyson’s Corner, Virginia, provided hot chocolate with marshmallows to women in line for the dressing room.

(Additional reporting by Shannon Stapleton in Long Island, Lewis Krauskopf, Jennifer Ablan and Anna Irrera in New York, Lisa Baertlein in Los Angeles, Siddharth Cavale in Bangalore; Writing by Nick Zieminski; editing by Patrick Graham, Saumyadeb Chakrabarty and Bill Rigby)

First, we Gobble, then we SHOP! The Jim Bakker Show super Cyber Sale Monday live stream event is here November 26th beginning at 9 am CT!

The Jim Bakker Show Super Cyber Monday event!

By Kami Klein

Want some joy and fun while you Christmas shop from your very own living room?  Are you ready for some great gift ideas and deals? You are invited to join Jim and Lori Bakker along with family and friends on Monday, November 26th beginning at 9 am ct for our Live Stream Cyber shopping event!

Super Cyber Monday is becoming a tradition for Morningside!  We love these live broadcasts and the chance to share your day! You just never know what kind of Christmas surprises will happen!  Watch for some incredible bargains on gifts sure to make anyone on your list happy! Prices will be marked down on everything we have to offer so your Christmas shopping budget can go a very long way!

Tune into our Live Stream Cyber Monday sale on the PTL Television Network on your Roku, Apple TV, Amazon Fire TV or by going to jimbakkershow.com or the PTL Television Network at Ptlnetwork.com.beginning at 9 am CT November 26th.  Every gift you buy from our store is also a gift to our ministry!

Give Christmas Gifts with real meaning this year and join us for our super Cyber sale on Monday, November 26th! Happy Shopping!!!  

 

Black Friday, Thanksgiving online sales climb to record high

Black Friday, Thanksgiving online sales climb to record high

By Richa Naidu

CHICAGO (Reuters) – Black Friday and Thanksgiving online sales in the United States surged to record highs as shoppers bagged deep discounts and bought more on their mobile devices, heralding a promising start to the key holiday season, according to retail analytics firms.

U.S. retailers raked in a record $7.9 billion in online sales on Black Friday and Thanksgiving, up 17.9 percent from a year ago, according to Adobe Analytics, which measures transactions at the largest 100 U.S. web retailers, on Saturday.

Adobe said Cyber Monday is expected to drive $6.6 billion in internet sales, which would make it the largest U.S. online shopping day in history.

In the run-up to the holiday weekend, traditional retailers invested heavily in improving their websites and bulking up delivery options, preempting a decline in visits to brick-and-mortar stores. Several chains tightened store inventories as well, to ward off any post-holiday liquidation that would weigh on profits.

TVs, laptops, toys and gaming consoles – particularly the PlayStation 4 – were among the most heavily discounted and the biggest sellers, according to retail analysts and consultants.

Commerce marketing firm Criteo said 40 percent of Black Friday online purchases were made on mobile phones, up from 29 percent last year.

No brick-and-mortar sales data for Thanksgiving or Black Friday was immediately available, but Reuters reporters and industry analysts noted anecdotal signs of muted activity – fewer cars in mall parking lots, shoppers leaving stores without purchases in hand.

Stores offered heavy discounts, creative gimmicks and free gifts to draw bargain hunters out of their homes, but some shoppers said they were just browsing the merchandise, reserving their cash for internet purchases. There was little evidence of the delirious shopper frenzy customary of Black Fridays from past years.

However, retail research firm ShopperTrak said store traffic fell less than 1 percent on Black Friday, bucking industry predictions of a sharper decline.

“There has been a significant amount of debate surrounding the shifting importance of brick-and-mortar retail,” Brian Field, ShopperTrak’s senior director of advisory services, said.

“The fact that shopper visits remained intact on Black Friday illustrates that physical retail is still highly relevant and when done right, it is profitable.”

The National Retail Federation (NRF), which had predicted strong holiday sales helped by rising consumer confidence, said on Friday that fair weather across much of the nation had also helped draw shoppers into stores.

The NRF, whose overall industry sales data is closely watched each year, is scheduled to release Thanksgiving, Black Friday and Cyber Monday sales numbers on Tuesday.

U.S. consumer confidence has been strengthening over this past year, due to a labor market that is churning out jobs, rising home prices and stock markets that are hovering at record highs.

(Reporting by Richa NaiduEditing by Marguerita Choy)

Cyber Monday is coming Nov. 27th! It’s the Launch of our PTL Shop!

PTL Shop, Faith Based shopping

By Kami Klein

On Cyber Monday, November 27th, millions of shoppers will be looking online for amazing gifts for friends and family.  We could not think of a better time to launch ptlshop.com!  On Cyber Monday beginning at 10 am Central Time, we will be broadcasting live on our new website, ptlshop.com, with online and on street specials here at Morningside!  There will be unbelievable deals and brand new, never before seen products that you will love!  

This Thanksgiving, after spending time celebrating and thanking God for our incredible blessings and our bellies are full, we will be busy filling the PTL shop website with incredible gifts to help you get your Christmas shopping list DONE the moment we launch!  There will be apparel and jewelry, Christian books and media, wonderful products for health and beauty, beautiful and useful products for your home and garden, and some brand new gizmos and gadgets you just have to see!  

If you have ever experienced an online shopping event here at Morningside, you understand that nobody knows what will happen next and this year promises to be the biggest event EVER!  So mark your calendars for Cyber Monday, November 27th at 10 am to go to ptlshop.com and simply push the “Watch live” button to take you on a truly fun and bargain filled day of shopping!  

Remember to keep coming back for daily deals and incredible additions to the PTL Shop website and live events!  

All of us here at Morningside and The Jim Bakker Show as well as the amazing team behind ptlshop.com wish you and your family a beautiful Thanksgiving filled with love!  We hope to see you soon, Monday, November 27th on ptlshop.com!