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Old 11-29-2008, 11:05 PM   #1
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Record Sales - Black Friday Spending Up 3%

Early data show strong Black Friday

CHICAGO (AP) ? The nation's retailers got a much-needed sales boost during Black Friday's traditional shopathon as consumers, lured by deep discounts, spent nearly 3% more than they did last year.

Sales on the day after Thanksgiving rose to $10.6 billion, according to preliminary figures released Saturday by ShopperTrak RCT Corp., a Chicago-based research firm that tracks sales at more than 50,000 retail outlets.

Last year, shoppers spent about $10.3 billion on the day after Thanksgiving, dubbed Black Friday because it was historically the sales-packed day when retailers would become profitable for the year.
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Old 11-30-2008, 09:53 AM   #2
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Will this continue ?
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Old 11-30-2008, 09:56 AM   #3
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not unless gas stays cheap and they keep giving out bargains
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