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Aussie casino mogul, James Packer, ran the risk of alienating the people that pay his wages earlier this year when he blamed them for the Crown’s flagging profits. Although not an intentional attack on his gaming patrons, Packer was on record saying that “
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Although Crown moved to assure the public that it was on top of the situation and there weren’t any pressing legal issues, the company’s share price took a nosedive.
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Online sales were found to be strongest earlier in the day, with sales slowing down as the day winded down. As early as 7 a.m. Pacific time, online sales were recorded at $640 million, up 18.4 percent from last year. Analysts believe that customers got up and checked out deals from brick-and-mortar stores as the day progressed. Despite predictions that online sales would immensely impact physical stores, in-store traffic only dropped 1 percent during Black Friday.
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