Citigroup’s retail analyst Deborah Weinswig has looked at the numbers and says they “point to the strongest Black Friday results in years”. The National Retail Federation estimated that consumers spent $52.4bn over the weekend — up 16.4 per cent from 2010. ShopperTrak, a research firm, estimates that Friday sales were up 6.6 per cent over the same day last year, making it the greatest dollar amount ever spent during the day.As in the previous five years, male shoppers outspent female shoppers. This Black Friday, though, the difference was much wider, as the chart below shows. “Retailers late night openings appealed to more males and young couplesTuesday, November 29, 2011
Black Friday Blog.
Citigroup’s retail analyst Deborah Weinswig has looked at the numbers and says they “point to the strongest Black Friday results in years”. The National Retail Federation estimated that consumers spent $52.4bn over the weekend — up 16.4 per cent from 2010. ShopperTrak, a research firm, estimates that Friday sales were up 6.6 per cent over the same day last year, making it the greatest dollar amount ever spent during the day.As in the previous five years, male shoppers outspent female shoppers. This Black Friday, though, the difference was much wider, as the chart below shows. “Retailers late night openings appealed to more males and young couples
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