Preliminary reports are starting to come in. Black Friday was not as bad as first thought. Read this article by Lauren Coleman-Lochner, on Bloomberg.
U.S. ‘Black Friday’ Sales Rise 3%, ShopperTrak Says
U.S. consumers spent $10.6 billion on holiday purchases yesterday as shoppers anxious for bargains flocked to stores.
Sales rose 3 percent from the same day last year, Chicago- based research firm ShopperTrak RCT Corp. said today in a statement. The increase was highest in the South, with a gain of 3.4 percent over 2007 and smallest in the Northeast where sales jumped 2.6 percent.
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