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.
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.
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.
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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Black Friday sales increased 6.6 percent to the largest amount ever as U.S. consumers shrugged off 9 percent unemployment and went shopping.
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.
Every Black Friday, there’s a staring contest between retailers and shoppers over price. This year, the stores may have blinked first.
Holiday retail sales in the U.S. may have the slowest growth in two years as high unemployment and gas prices restrain consumer spending.
"This was a decent two days, and so that's a good base and foundation for the rest of the holiday season."
- Bill Martin on Nov 24, 2012