U.S. Retailers Maximize Week of Black Friday, Leading to Softer Day-Of Traffic
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Sensormatic Solutions, part of Johnson Controls, reported a 3.9% decrease in U.S. in-store shopper traffic during the week of Black Friday 2024, aligning with the year's overall trend of a 3.0% decline.
November 30, 2024 | 6:45 pm
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Johnson Controls' Sensormatic Solutions reported a 3.9% decrease in U.S. in-store shopper traffic during Black Friday week 2024, reflecting a broader trend of declining in-store visits.
The reported decline in shopper traffic during a critical retail period like Black Friday week could negatively impact Johnson Controls' retail solutions business, potentially affecting its revenue and stock price in the short term.
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