Bill Martin News
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Thanksgiving Day openings and midnight deals at retailers from Target Corp. to Wal-Mart Stores Inc. drew U.S. shoppers out earlier than ever, trimming spending on Black Friday at stores. Online shopping surged.
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Thanksgiving Day openings and midnight deals at retailers from Target Corp. to Wal-Mart Stores Inc. drew U.S. shoppers out earlier than ever, trimming spending on Black Friday.
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Holiday retail sales in the U.S. may rise 3.3 percent as more confident consumers increase their trips to the mall, according to researcher ShopperTrak.
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It’s a retail maxim followed by everyone from Best Buy Co. to Foot Locker Inc.: Get shoppers in the door and then sell them stuff they didn’t plan on buying.
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The following are the day's top business stories:
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Black Friday sales increased 6.6 percent to the largest amount ever as U.S. consumers shrugged off 9 percent unemployment and went shopping.
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Black Friday sales were little changed, rising 0.3 percent, from last year, as U.S. retailers’ efforts to lure customers by opening early failed, ShopperTrak said.
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Every Black Friday, there’s a staring contest between retailers and shoppers over price. This year, the stores may have blinked first.
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Holiday retail sales in the U.S. may have the slowest growth in two years as high unemployment and gas prices restrain consumer spending.
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